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Mini-Budget COVID-19 update: Debt and deficit level ‘eye-watering’ due to pandemic – NEWS.com.au

Coronavirus Australia: Impact on finances is ‘eye-watering’, government warns

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The extraordinary impact of the coronavirus crisis on Australias finances will be revealed by the government in stark detail tomorrow, and the country has been warned to expect it to be eye-watering.Treasurer Josh Frydenberg will provide an update on spending, which is being referred to as a ‘mini Budget’ but will be more of a confirmation of the sheer cost of responding to the economic consequences of the COVID-19 pandemic.
Speaking on several morning television and radio programs today, Mr Fr…

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