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Articles on Australian economy

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Australia’s budget bottom line has been assisted by the price of iron ore, which spiked in 2019 as a result of the tailings dam spill disaster near the town of Brumadinho, Brazil, in January. Antonio Lacerda/EPA

Vital Signs: Australia’s wafer-thin surplus rests on a mine disaster in Brazil

Charter of Budget Honesty aside, we can expect assumptions that stretch credulity so the Australian government can maintain its surplus forecast.
In a speech on Wednesday night, Morrison will insist this bring-forward does not mean the government is panicking about Australia’s economic conditions. Lukas Coch/AAP

Government to inject economic stimulus by accelerating infrastructure spend

Following increasing calls for stimulus to be injected into the economy, the government will outline an infrastructure bring-forward of A$3.8 billion over the next four years.

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