The Morrison Government is reportedly gearing up for ‘astounding’ expenditure in the upcoming federal budget, centred around bringing forward $14 billion of tax cuts:
The Morrison government is preparing to unleash an “astounding” amount of spending in next month’s budget to drag the country out of its first recession in 29 years with the nation unable to rely on ultra-low interest rates to boost the economy…
One senior member of the government, speaking on condition of anonymity, said the size of the spending to be revealed in the October 6 budget would shock many observers, describing it as an “astounding” injection of assistance into the economy.