News
Federal Treasurer Josh Frydenberg has told an Adelaide audience that the government backs the return of Chinese students to Australian universities, following questions about the impact of fraught diplomatic relations and the financial hit from the pandemic and closed borders.
Opinion
The Morrison Government’s pre-election budget is about boosting jobs, services and the economy, as a surplus becomes a distant memory, writes Michelle Grattan.
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Australia will splash cash on roads, rail and training in a federal budget designed to create a quarter of a million jobs over the next two years, with the Morrison government also spending billions to address critical shortfalls in government services including aged care, disability and mental health.
Tomorrow’s federal budget aims to balance COVID economic recovery with political imperatives ahead of an election by May 2022, writes Michelle Grattan.
Treasurer Josh Frydenberg will use a speech in Canberra today to outline the strategy for his May 11 budget and his plan to drive the national jobless rate below five per cent.
Millions of Australians will have income tax cuts fast-tracked in a federal budget set to focus on driving business investment and job creation, with an expected wage subsidy to employ young workers.
The federal budget deficit hit $85.3 billion in 2019/20 instead of a predicted $5b surplus, as the Morrison government wrestled with the initial impact of the coronavirus pandemic.
