There are plenty of winners and few direct losers in a budget that lays the groundwork for the next election - still more likely to be next year than this.
Looking graphically at actual and forecast GDP makes it clear why some speak of a ‘V-shaped recovery’. But even the fairly bullish assumptions reveal a recovery where the V isn’t really sharp enough.
The government will aim at driving unemployment below pre-pandemic levels and avoid any sharp pivot towards “austerity” in its May 11 budget, Treasurer Josh Frydenberg will say on Thursday.
Over 90% of local authorities in England experienced more deaths than expected between 2010-11 and 2017-18.
Alan Novelli/Alamy
Although Rishi Sunak is extending the weekly £20 uplift, the government has missed an opportunity to given the benefits system the overhaul it needs
President Joe Biden and Vice President Kamala Harris meet Feb. 1 with Republican lawmakers, including Sens. Mitt Romney and Susan Collins, to discuss a coronavirus relief package.
AP/Evan Vucci
Newspoll showed most people approved of the Coalition’s budget, with 42% saying it would be good for the economy and 49% saying Labor wouldn’t have delivered a better alternative.
In Opposition leader Anthony Albanese’s budget reply, he spoke of a $20 billion plan to modernise Australia’s electricity grid, and an extra $6.2 billion over four years for affordable childcare.
Honorary Enterprise Professor, School of Population and Global Health, and Department of General Practice and Primary Care, The University of Melbourne