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‘The chips have been placed’: experts weigh in on the Australian budget 2020 – The Guardian

This year’s budget will have far-reaching implications for the economy, social services, public health, the environment and higher education



Quick economic wins have been overlooked
The Morrison governments recovery budget is a single-year plan that bets the house on a private sector-led recovery.
The centrepieces of the plan a $26bn scheme for the immediate expensing of all new business capital expenditure and a $4bn one-year wage subsidy scheme for unemployed young people create incentives for business to invest and employ.
But will it be enough? The major brake on investment has always been weak consumer demand, and theres not …

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