Federal Budget 2020's tax cuts, cash splash to put Australia in record debt | ABC News
Tens of billions of dollars worth of fast-tracked tax cuts, and a new wage subsidy, have been unveiled in tonight's historic Federal Budget.
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Josh Frydenberg has confirmed a record deficit and an unemployment rate that's still rising.
But the Budget is also built on the assumption that the recession will be over in a year's time.
Greg Jennett reports.
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Видео Federal Budget 2020's tax cuts, cash splash to put Australia in record debt | ABC News канала ABC News (Australia)
Subscribe: http://ab.co/1svxLVE Read more here: https://ab.co/3iAhTSn
Josh Frydenberg has confirmed a record deficit and an unemployment rate that's still rising.
But the Budget is also built on the assumption that the recession will be over in a year's time.
Greg Jennett reports.
ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation.
For more from ABC News, click here: https://ab.co/2kxYCZY
Watch more ABC News content ad-free on iview: https://ab.co/2OB7Mk1
Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
Like ABC News on Facebook: http://facebook.com/abcnews.au
Follow ABC News on Instagram: http://instagram.com/abcnews_au
Follow ABC News on Twitter: http://twitter.com/abcnews
#ABCNews #ABCNewsAustralia #breakingnews
Видео Federal Budget 2020's tax cuts, cash splash to put Australia in record debt | ABC News канала ABC News (Australia)
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