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Morrison has outrun the avalanche but crisis remains – Sydney Morning Herald
The weakness in the Australian economy comes when old allies are suffering even greater declines this calendar year.
The Prime Minister has been forced by events to embrace the spending and borrowing he and his government once spurned, but he has brought the zeal of a convert to the task. The JobKeeper wage subsidy has rescued about 3.5 million workers. The boosted JobSeeker payment has helped another 1.6 million.
Morrison has found a way to outrun the avalanche. Yet the crisis still towers over him, his government and the country.
What next? The immediate phase the emergency is giving way to a recovery phas…
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