No snapback: the budget sets us up for an unreasonably slow recovery. Here's how
- Written by Brendan Coates, Program Director, Household Finances, Grattan Institute
Lukas Coch/AAP
Josh Frydenberg has told us his 2020 Budget is “all about jobs”.
What he hasn’t said is that it is actually aiming for a slower recovery from the recession, as far as unemployment goes, than from most recessions in Australia’s history.
That’s both the budget’s explicit forecast and the result of the...
Read more: No snapback: the budget sets us up for an unreasonably slow recovery. Here's how