General
The Federal Budget has benefited from Australia’s ‘world class’ defence against the coronavirus
Australia’s “world class” defence against the coronavirus has put the federal budget in a far better position than was expected six months ago.
Key points:
- Next week’s Federal Budget will show vastly improved finances
- The Budget deficit could be $31 billion smaller than estimated for 2020-21
- The economy remains under pressure, but it’s doing much better than anticipated
The federal government will release its Budget next week, on May 11.
It will show government revenues have increased dramatically in recent months as the labour market has recovered quickly, business profits have soared, and confident families have spent up a storm.
According to Deloitte Access Economics’ latest ‘Budget Monitor’, which has looked closely at the state of…
-
Noosa News5 hours agoWoman dead and man rushed to hospital with gunshot wound following crash near Aussie World on Queensland’s Sunshine Coast
-
Noosa News12 hours agoFarmer Fred Perry’s 30-year conservation project creates bird haven after years of ‘bashing and burning’
-
General11 hours agoBoy dies after being trapped between rocks off NSW beach
-
Noosa News11 hours agoDetectives continue to search for answers on Crystal Beale’s death