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Men's Weekly

COVID will leave Australia with smaller economy and older population: Frydenberg

  • Written by Michelle Grattan, Professorial Fellow, University of Canberra

Josh Frydenberg has painted a sombre picture of the outlook for the Australian economy, saying that by mid next year it is set to be 6% smaller than forecast at the end of last year.

The treasurer also warned wages growth will be subdued for years, in a Thursday speech setting the scene for the October 6 budget.

While reaffirming that the...

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