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The fine detail of Australia's dire budget update. Could deferred loans be written off? The fix is in on Australian mortgages.
Federal Treasurer Josh Frydenberg has revealed the incredible damage COVID-19 has wreaked on Australia's finances. But a closer reading of the budgetary assumptions reveals a mix of optimism and pessimism. James and Alan discuss what is and isn't meaningful in the news, and whether we are destined for a depression in this week's episode. Also covered: more MMT debate, the outlook for deferred loans and Tesla's unlikely win.
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Published on 5 years, 5 months ago