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Men's Weekly

These budget numbers are shocking, and there are worse ones in store

  • Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University

Even if the government hadn’t spent A$5.9 billion on JobKeeper and other emergency measures last financial year and wasn’t planning to spend a further $12.2 billion this financial year, its budget position would have collapsed.

The economic statement released Thursday morning shows it collected $13.2 billion less company tax than it...

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More Articles ...

  1. Why prisons in Victoria are locked up and locked down
  2. Budget deficit to hit $184.5B this financial year, unemployment to peak at 9.25% in December: economic statement
  3. In a world first, Australian university builds own solar farm to offset 100% of its electricity use
  4. Frydenberg's three-stage economic recovery is abominably hard to get right
  5. Cycling and walking can help drive Australia's recovery – but not with less than 2% of transport budgets

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