Road to Economic Recovery
The Federal Government Budget 2020-21 is one of Australia’s most important in living memory.
Against the backdrop of a global pandemic, the Morrison Government has provided its vision to navigate Australia out of the economic crisis COVID-19 has created.
The aim of this budget is to cushion the blow and reset Australia’s economy.
The Government has announced a forecast budget deficit of $213.7 billion in 2020-21 – just over 10 per cent of the nation’s GDP. That figure is expected to drop to $66.9 billion by 2023-24.
Total net debt is forecast to rise to $966 billion by 2023-24.
On Monday, 12 October we hosted a Federal Budget Road to Economic Recovery Overview, in collaboration with Bank of Melbourne, featuring their Chief Economist, Besa Deda in conversation with Committee for Melbourne Chair, Scott Tanner.
Watch the event here
From the panel:
First Thoughts: A Budget of Our Time – Federal Budget 2020-21 Review by Besa Deda
As a partner of Committee for Melbourne, Bank of Melbourne is pleased to provide your organisation access to their Workplace Banking Program.
To find out more about the program get in touch with Bank of Melbourne’s dedicated Partnership Manager Chris Lewis on 0466 691 882 or firstname.lastname@example.org for more information.