The Budget is “back in the black and Australia is back on track”

Australian Federal Treasurer Josh Frydenberg speaks at the dispatch box during the delivery of the 2019-20 Federal Budget.

Australian Federal Treasurer Josh Frydenberg speaks at the dispatch box during the delivery of the 2019-20 Federal Budget. Source: AAP

Federal Treasurer Josh Frydenberg has handed down a pre-election budget for the Coalition government, a month earlier than usual.


Josh Frydenberg has announced a budget surplus of $7.1 billion, for the first time in 12 years. Is this only political propaganda, given that the elections will be very soon, or indeed can the current government praise this result? We discussed the point with the UNSW Professor of Finance in Canberra, Max Tani.


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