Government upbeat over fiscal outlook despite the COVID spectre

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.

Treasurer Josh Frydenberg Source: AAP

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.

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

 

 

---