23 Jul 2020

Australia facing biggest budget deficit since Second World War

From Checkpoint, 5:28 pm on 23 July 2020

Australia is facing its biggest budget deficit since World War Two.

The Treasurer, Josh Frydenberg, today revealed the dire state of the country's coffers, saying the pandemic has plunged Australia more than $85 billion into the red.

Max Towle from Worldwatch filed this report.