National
Treasurer Josh Frydenberg: Cycling towards the biggest budget since the war – Sydney Morning Herald
Turkish pizza and an exercise bike have accompanied Josh Frydenberg as he pulled together his most important budget.
After a mid-year update published in December, treasurers and Treasury officials turn their minds in late January and early February to the next budget.
In 2020, the promise of last year’s budget the first surplus in 13 years would be locked in and delivered. So confident was the government that the Liberal Party started selling coffee mugs with “back in black” emblazoned on them.
That was the plan for Frydenberg and Treasury for this year’s May 12 budget, before the world plunged into its big…
