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Federal Treasurer forecasts difficult economic recovery after coronavirus recession amid slump in population growth, low interest rates – ABC News

The Federal Treasurer is keen on a coronavirus baby boom, urging Australians to have more children if for no other reason than to help grow the population and economy.

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The Federal Treasurer is keen on a coronavirus baby boom, urging Australians to have more children if for no other reason than to help grow the population and economy.
Key points:

  • Population growth is expected to halve to 0.6 per cent in 2021
  • Josh Frydenberg says building a strong economy is key to encouraging people to have babies
  • The coronavirus crisis has led to the largest deficit since World War II

While not going as far as former Coalition treasurer Pet…

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