Leading economic modeller Chris Murphy published anticipated peer-reviewed research in last month’s Economic Papers entitled “Fiscal Policy in the COVID-19 Era” – a spot of light reading for those of us who (still) don’t get out much.

Among its findings are that the Morrison government’s $430 billion fiscal stimulus through the pandemic added 2.4 percentage points to consumer inflation in 2022 and provided $2 of compensation to the private sector for every $1 of real income it lost because of COVID-19.