Political Editor Andrew Clennell has revealed Mr Morrison is in discussions with his team for ways to distribute close to $10 billion in stimulus to help the economy, and is considering a Kevin Rudd-style cash handout as part of the package.
“I understand cash handouts similar to what occurred in the Rudd era have not been ruled out but Finance and Treasury officials are said to be pushing back against this sort of stimulus and the PM would seem reluctant on it as well.” Mr Frydenberg today faced questions from reporters over whether the Budget would ever get back to surplus.
In the mid-year budget review in December, Mr Frydenberg forecast a $5 billion surplus, which would have been the first in a decade. The Government gloated about the Budget’s predicted return to surplus with aThat surplus looks to be dead, although it won’t be clear until the next Budget in May what the exact hit will be.
He described the package under consideration as “substantial” – an upgrade from what he and Prime Minister Scott Morrison previously said would be a modest or measured response.
smh AlboMP theage australian ScottMorrisonMP RECESSION is coming soon...the Lib/Nats and Business are to blame for the casualised workforce and low wages etc,so I am looking forward to the Fed Gov. being totally trashed by Labor (or no vote) for their long term arrogance.
Time for another new tv 🤫 Just give it to those on newstart ffs, increase wages and watch people spend.. duhhhhhh
Increase Newstart instead. People will just pay off their loans or buy TVs/iPhones.
Yes!! More cash to pay down loans! Great move! 🤦♂️🤦♂️
Why are governments always so stupid
Everyone watch this slippery gang closely.
Rudd and Gillard be like
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