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Government upbeat over fiscal outlook despite the COVID spectre

Treasurer Josh Frydenberg Source: AAP

The half-yearly financial check-up on the Australian economy has showed the economic recovery is taking shape - but COVID uncertainty continues to cast a shadow over the future outlook.

And the Opposition is demanding the government reveal the billions set aside in the budget for the next election.

 

 


 

Highlights

  • The latest assessment of federal spending is now public and the government says it's good news.
  • The unemployment rate has fallen to 4.6 per cent.
  • More than 366,000 jobs have been created, a monthly record.

 

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