As COVID-19 saps confidence, Frydenberg's October budget must deliver hope

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'Simply put, businesses need to have enough confidence to invest and hire staff and consumers need the confidence to spend rather than save.' | OPINION

The government's ad nauseam reminders it is focusing its attention on jobs growth might sound like a broken record but it is actually part of the solution. Some of how we feel about the position we're in will undoubtedly be improved by a boost to the jobless rate, not to mention that getting shovels into the ground and ribbons cut on new projects is a highly visible adrenaline shot to the nation.

Morrison and Frydenberg will need to show new levels of courage and grit. They are going to need to spend - even more than has been so far - and to deal with the deficit that comes with it. The Grattan Institute recently revised the amount of fiscal stimulus it thinks is needed to between $100 billion and $120 billion, up from $70 billion to $90 billion estimated in June, and estimate this could shave 2 per cent off the unemployment rate by 2022 to about 5 per cent.

 

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Save? Save? What! You need to get out and talk to real VICS. Save? Your kidding, Age.

Another glorious day in Zamunda gents

The Chinese Virus!!!!! Once again Trump was right from the start!!!!

Damn, if only we weren’t in a diplomatic slap-fest with our biggest trading partner

Breaking: Dr. Li-Meng Yan, interviewed by loosewomen, said sufficient verified evidence proves COVID19 from CCP's lab. The genome sequence of virus can identify the source (just like fingerprint of people).A scientific report on it will be released soon.

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As COVID-19 saps confidence, Frydenberg's October budget must deliver hopeFrydenberg and Morrison have to present us with the best plan possible to improve the future. It has to be bold and it has to be believable. JennieDuke No hope when DictatorDan has Victoria locked down as it accounts for a 3rd of the countries economy. JennieDuke Ain't going to happen L_DeWeaver JennieDuke Good luck 😂 🍻
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