'Our economy has been hit hard': Budget deficit blows out to record $85.3b

Last financial year's budget deficit surpasses the last record of $54.5 billion in 2009-10 following stimulus measures from the Rudd government to help Australia weather the global financial crisis.

source https://www.smh.com.au/politics/federal/our-economy-has-been-hit-hard-budget-deficit-blows-out-to-record-85-3b-20200925-p55z6j.html?ref=rss&utm_medium=rss&utm_source=rss_feed