A few weeks back, Houses & Holes asked “What kind of fiscal stimulus should Treasury be readying?”:
It is highly doubtful that Recessionberg will go for anything so crude as cash dumps though Labor probably will in H2. But by then it may be too late to avoid a nasty adjustment. The L-plated Recessionberg is also likely to resist the medium term stuff given the Coalition’s comprehensively stupid condemnation of it post-GFC. It will also fight anything related to climate change, alas.
