Record deficit and big spending expected in tonight's budget

ABC NEWS (Australia) 2020-10-06

Views 1

Treasurer Josh Frydenberg says this year's budget will be vastly different to anything he ever believed he would deliver, whilst the federal opposition is signalling it will support fast-tracked income tax cuts.
Show more

Share This Video


Download

  
Report form
RELATED VIDEOS
2024 Budget Overview: Expected Government Spending and Revenue Breakdown | The Big Stories
play
47:24

2024 Budget Overview: Expected Government Spending and Revenue Breakdown | The Big Stories
The budget deficit is lower than expected, but treasurer says not to expect any big cash handouts
play
03:41

The budget deficit is lower than expected, but treasurer says not to expect any big cash handouts
US Budget Deficit Slashed in Half As Pandemic Spending Eases
play
01:31

US Budget Deficit Slashed in Half As Pandemic Spending Eases
Ron Johnson: Republican Budget 'Doesn't Go Far Enough' To Address Deficit Spending, National Debt
play
03:52

Ron Johnson: Republican Budget 'Doesn't Go Far Enough' To Address Deficit Spending, National Debt
U.S. Budget Deficit: Will Tax Hikes And Spending Cuts Widen The Wealth Gap?
play
04:53

U.S. Budget Deficit: Will Tax Hikes And Spending Cuts Widen The Wealth Gap?
Halloween spending expected to surpass $9 billion
play
00:43

Halloween spending expected to surpass $9 billion
Lai Says Defense Spending Expected To Reach 5% of GDP By 2030
play
00:22

Lai Says Defense Spending Expected To Reach 5% of GDP By 2030
Election Year Spending: Fitch Solutions expects Ghana's fiscal deficit to widen next year
play
25:55

Election Year Spending: Fitch Solutions expects Ghana's fiscal deficit to widen next year
U.S. Household Spending Expected to Decrease Significantly Over the Next Year
play
00:43

U.S. Household Spending Expected to Decrease Significantly Over the Next Year
Korea's credit card spending expected to surpass $634 billion this year
play
00:53

Korea's credit card spending expected to surpass $634 billion this year
Koreans' overseas spending expected to reach US$20 billion in 2015
play
00:38

Koreans' overseas spending expected to reach US$20 billion in 2015
Cabinet designates Oct. 2 one-off holiday; domestic spending expected to get boost
play
02:11

Cabinet designates Oct. 2 one-off holiday; domestic spending expected to get boost