Gross debt expected to exceed $850 billion ceiling as coronavirus wipes out 700,000 jobs | ABC News

We were told to brace for bad numbers, and the Government has delivered.

The pandemic has devastated Australia’s finances.

By this time next year, the deficit will be more than $260 billion dollars.

National Affairs correspondent Greg Jennett reports.

Read more here: https://www.abc.net.au/news/2020-07-23/federal-government-update-outlook-economic-coronavirus/12485204

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From: ABC News (Australia)

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