The challenge for Josh Frydenberg on Tuesday night is to buy structural reforms that are good for jobs and business investment now, and great for productivity later.
Federal budget night next Tuesday will be a sober reminder of just how far Australia’s fiscal stocks have fallen over the past six months since the COVID-19 pandemic began.
Hopefully most Australian regions have already borne the main "direct" brunt of the crisis and it will not be followed by some massive aftershock, perhaps driven by business insolvencies, joblessness and/or household indebtedness.
