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Almost half of The Conversation’s panel of top economists support cutting Australia’s budget deficit. But many lament the bigger deficit they expect on budget night: a vision for beyond the election.
Advertisement Top economists want the dole permanently increased in 2021 and a closer review of the federal government's wage subsidy scheme JobKeeper to determine the future of the $100 billion lifeline. The two major support schemes were the centrepiece of the federal government's response to the coronavirus pandemic but both are being phased down in January. The payments will be reviewed before they end late in March. Economists are divided about what should happen to the federal government's wage subsidy payments. Credit:Jason South Former Reserve Bank governor Bernie Fraser said there ne...