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Economic figures ‘sobering’ as Australia faces largest deficit in history

The Federal Treasurer has outlined what he has dubbed a "sobering" economic outlook on a day when he had long hoped to deliver Australia's first budget surplus in more than a decade.

by | 12 May, 2020

The 2020-21 Federal Budget was due to be released today, but the Government was forced to delay until October as it seeks to come to terms with the full economic cost of the coronavirus pandemic.

Read more at the ABC. 

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