The Corona Virus pandemic has meant that this year seen Australia suffer its deepest recession in the post-war period, it has also triggered an unprecedented government policy response including a dramatic surge in budgetary support centred around the new JobKeeper program; all of which has forced Canberra to push back the budget until 6 October.

Join Mark Thirlwell, the AICD’s Chief Economist, for an assessment of the new budget and its implications covering:

  • How has Canberra adjusted its policy settings in the light of more than half a year of the hit from COVID-19?
  • What do the latest Treasury forecasts say about the economic consequences of the pandemic and the path to recovery?
  • What is the projected size of the toll on the fiscal accounts, on the medium-term trajectory of the budget, and on Australia’s debt and debt service profile?