The treasurer is calling it the "recovery" budget, but as our experts outline this morning, it goes much, much further. Instead of winding back new spending as the economy recovers from the COVID recession, Treasurer Josh Frydenberg is accelerating it, actually deepening projected budget deficits by spending or giving away in tax cuts more than extra revenue that's coming in from the sharper-than-expected economic recovery.
One of Australia's leading economists Peter Martin breaks it all down in under 3 minutes!
