Budget 2020-21, "The Government could have done more"

According to University of New South Wales-Canberra finance professor, Massimiliano Tani, in this budget the government has excessively delegated to businesses the responsibility of creating jobs to get out of the recession caused by the COVID-19 pandemic.

Source: AAP

The deficit increase and the Morrison government's choice to spend to stimulate consumption and restart the engine of the economy are the aspects that stand out in the 2020-21 budget handed down last night by Treasurer Josh Frydenberg.

---

Highlights

• Two hundred billion dollars injected by the government into the national economy to create new jobs
• Tax relief and cuts brought forward compared to government plans
• The Treasurer bet on the ability of small and medium-sized enterprises to restart the economy

---

People in Australia must stay at least 1.5 metres away from others. Check your jurisdiction's restrictions on gathering limits.

If you are experiencing cold or flu symptoms, stay home and arrange a test by calling your doctor or contact the Coronavirus Health Information Hotline on 1800 020 080.

News and information is available in 63 languages at https://sbs.com.au/coronavirus

Please check the relevant guidelines for your state or territory: NSW,Victoria, Queensland, Western Australia, South Australia, Northern Territory, ACT, Tasmania.

Listen to SBS Italian every day from 8am to 10am. Follow us on Facebook, Twitter and Instagram.