Despite huge coronavirus stimulus package, the government might still need to pay more
- Written by Mark Kenny, Professor, Australian Studies Institute, Australian National University
AAP/Mick Tsikas
Despite nearly three decades without a recession, Australia’s last proper budget surplus came a dozen years ago – just before the Global Financial Crisis hit.
Two or three months back, Prime Minister Scott Morrison and Treasurer Josh Frydenberg were on the cusp of fixing that.
Now, the next surplus may be further off again....
Read more: Despite huge coronavirus stimulus package, the government might still need to pay more