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Govt urged to spend another $120 billion to avoid ‘disastrous’ recovery – The New Daily

The Grattan Institute is urging the federal government to spend an extra $120 billion to avoid a “disastrously sluggish recovery”.

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Economists are urging the federal government to spend an extra $120 billion to avoid a “disastrously sluggish recovery”.
As Treasurer Josh Frydenberg puts the finishing touches to his widely anticipated budget on October 6, the Grattan Institute has published an analysis urging the government to spend big and save Australians from a prolonged economic slump.
Without large amounts of additional stimulus, Grattan says Australia’s jobs market will take longer to recover from the coronavirus pande…

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