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Budget assumptions: how the Coalition’s 2020 economic plan counts on a lot going right for Australia – The Guardian

Amid the uncertainties unleashed by the Covid-19 pandemic, Treasury forecasts are critical. Here’s a breakdown of the main predictions

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Given that so much of how the coronavirus pandemic will unfold remains uncertain, budget assumptions are more critical than ever.
The economic statement delivered by the treasurer, Josh Frydenberg, on Tuesday assumes that a lot of things will go right, including that a vaccine will be available next year and that further outbreaks in Australia can be locally contained.
While a big economic rebound is forecast next year, Treasury officials imply this should be taken with a grain of salt, warnin…

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