Treasurer Josh Frydenberg has announced massive budget deficits of $85.8 billion for the just-finished 2019-2020 financial year and $184.5 billion projected for 2020-2021.
Steven Hamilton, Crawford School of Public Policy, Australian National University; Bruce Preston, The University of Melbourne y Chris Edmond, The University of Melbourne
It’s far too early to declare victory. The need for conventional economic stimulus has just begun.
South Africa’s management of the COVID-19 pandemic must now shift from a centrally regulated approach to one that enables participation and compliance by communities, workers and businesses.
As countries get ready to re-open their economies, will there be a post-pandemic recovery? History and current economic models suggest those looking for a quick rebound will be disappointed.
With a deepening climate crisis, unprecedented biodiversity loss and widespread inequality, it’s pertinent to question if indefinite GDP growth will deliver true and long-lasting prosperity.
Michelle Grattan talks with Assistant Professor Caroline Fisher about the week in politics, including coronavirus, the Biosecurity Act and panic-buying, as well as the Australian economy.