Opinion
The Morrison Government promises to lift economic growth and pull Australia out of its coronavirus doldrums. But senior economists believe that’s unlikely and their forecasts are bleak, writes Peter Martin.
National
The government has conceded some workers now getting wage subsidies will be pushed into unemployment when the JobKeeper scheme ends.
Get InDaily in your inbox. Daily. The best local news sent straight to your inbox every workday at lunchtime.
Thanks for signing up to the InDaily newsletter.
The Federal Government is offering $25,000 grants to people who sign contracts to build or substantially renovate their home, under a $688 million HomeBuilder scheme to keep the construction industry afloat.
Treasurer Josh Frydenberg has confirmed Australia is now in a recession as the economy reels from the coronavirus pandemic.
Treasurer Josh Frydenberg has unveiled a horror economic forecast for the June quarter, in the wake of coronavirus restrictions crippling businesses nationwide and throwing hundreds of thousands of workers out of their jobs.
More than thirty million American have registered for unemployment benefits since coronavirus hit in March – including 3.8 million last week alone.
