Budget 2020: Big deficit as budget spends for recovery

By Colin Brinsden
Updated April 14 2021 - 11:44pm, first published October 6 2020 - 7:35pm
Finance minister Mathias Cormann delivers his last budget. Picture: Sitthixay Ditthavong
Finance minister Mathias Cormann delivers his last budget. Picture: Sitthixay Ditthavong

Josh Frydenberg hopes his budget will fire up the economy from the depths of recession to see growth expanding at a rapid 4.75 per cent in the next financial year.

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