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Articles on Budget

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The Morrison government could achieve unemployment rates once seen under Australia’s longest-serving Prime Minister Robert Menzies. National Library of Australia

Unemployment below 3% is possible – if Australia budgets for it

The Morrison government could get unemployment down to levels not seen since the 1970s.
Lukas Coch/AAP

Budget 2021: the floppy-V-shaped recovery

Looking graphically at actual and forecast GDP makes it clear why some speak of a ‘V-shaped recovery’. But even the fairly bullish assumptions reveal a recovery where the V isn’t really sharp enough.

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