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The K-Shaped Recovery: financial fortunes fork as JobKeeper, JobSeeker cliff looms – Michael West News

A record sharemarket and bouncing property prices are a boon for many Australians yet the economic recovery is shaping up to benefit the wealthy

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Josh Frydenberg has been busy. The Treasurer kicked off the week with an oped in Rupert Murdochs The Australian, or rather a panegyric to the brilliance of his own treasurership. Then on to a blistering volley of appearances at Sky News, Nine, Seven, ABC, 2GB’s Ben Fordham, Neil Mitchell and even Moonman in the Morning on MMM.
Things were going well, Josh told Moonman. Indeed, Australia is surviving the pandemic well, at least compared with other countries, and is emerging from the economic malaise…

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