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The Times

It's not the size of the budget deficit that counts; it's how you use it

  • Written by Steven Hamilton, Visiting Fellow, Tax and Transfer Policy Institute, Crawford School of Public Policy, Australian National University
It's not the size of the budget deficit that counts; it's how you use itShutterstock

In putting together his unprecedented pandemic budget, Treasurer Josh Frydenberg had two big tasks: to support the economy now, and to kick-start the next boom.

Many commentators seem to be enamoured by the size of the spend. But once you dig into the details, it’s a mixed bag.

The 2020 budget certainly delivers on boosting...

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