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Government braces for massive deficit as tax cuts, spending set to be outlined in coronavirus Budget – ABC News

The Federal Government is preparing to hand down one of the most consequential budgets in living memory, with tax cuts, infrastructure spending and a record def…

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The Federal Government is preparing to hand down one of the most consequential budgets in living memory, with tax cuts, infrastructure spending and a record deficit expected to be outlined when Treasurer Josh Frydenberg speaks in Parliament this evening.
Key points:

  • Fast-tracked tax cuts are set to put billions in the pockets of Australian workers
  • Treasurer Josh Frydenberg says the Budget will be focused on getting people back into work
  • The Government has abandoned plan…

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