Australia Says Providing Substantial Support for Economy - THEMARKETTRENDZ

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Tuesday, 6 October 2020

Australia Says Providing Substantial Support for Economy



Oct.06 -- Australian Finance Minister Mathias Cormann discusses the budget announced Tuesday. The government unveiled a multi-pronged fiscal plan that pushes its budget deficit to levels unseen in peacetime in a bid to power a recovery and generate jobs for tens of thousands left unemployed by Covid-19 containment efforts. It will inject A$98 billion in spending and business concessions. Cormann speaks on "Bloomberg Daybreak: Asia."
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