The Australian Parliamentary Budget Office (PBO) has recently made an update to the post-COVID-19 medium-term fiscal projection scenarios report. The report now suggests the impact of COVID-19 may result in Commonwealth Government net debt in 2029–30 being between 14 and 24 per cent of GDP (up to $800 billion) higher than it would have been otherwise.
Download the report: https://www.aph.gov.au/About_Parliament/Parliamentary_Departments/Parliamentary_Budget_Office/Publications/Research_reports
Recent Comments
I’d love to see this same analysis done with current figur…
The ATO will not be happy until every tax agent or lawyer gi…
I should add “Been there, done that” Australia abolished…