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Please Explain podcast: How is the Australian economy tracking after coronavirus in 2020? - Vimarsana News

Please Explain podcast: How is the Australian economy tracking after coronavirus in 2020?

Advertisement Just 10 weeks after he handed down the 2020-21 federal budget, Treasurer Josh Frydenberg has unveiled the mid-year economic and fiscal outlook. The government will not attempt to repair the budget bottom line until 2024, revealing it is concerned about high unemployment despite a $15.9 billion improvement in the nation’s finances due to higher iron ore prices and a slightly stronger economy. And, ABS data released on Thursday shows Australia’s population growth has slumped to its slowest rate in almost 15 years. The nation suffered a net flow of people out of the count...