<iframe src="//www.googletagmanager.com/ns.html?id=GTM-K3L4M3" height="0" width="0" style="display:none;visibility:hidden">

Flat White

The economic statement: the real issues

13 May 2020

10:39 AM

13 May 2020

10:39 AM

The Treasurer’s ministerial statement to parliament yesterday – in place of the usual budget speech scheduled for that day — could have been expected to shed light on three aspects of the current crisis: the economic situation and outlook; the fiscal costs and the outlook for public debt; and policies for recovery. 

On the economic situation and outlook, Frydenberg provided a litany of dismal statistics. Coming from a government, this slant to the negative was as novel as the coronavirus itself, and surely the opposite of what we would have heard in a budget speech. Frankness is the beneficiary when the disaster clearly is not the...

Already a subscriber? Log in

Get 3 months of digital access, absolutely free

Subscribe to The Spectator Australia today to get the next 3 months of unlimited website and app access for free.

  • Full access to spectator.com.au and spectator.co.uk
  • The Spectator Australia app, on Apple and Android
  • Podcasts and newsletters, including Morning Double Shot
  • Our archive, going back to 1828
Or

Unlock this article

REGISTER


Comments

Get 3 months of digital access, absolutely free

Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.

Already a subscriber? Log in

Close