Business Daily Media
Teamwork

.

Business News

Mathias Cormann and Jim Chalmers on the mid-year budget update

  • Written by Michelle Grattan, Professorial Fellow, University of Canberra

The mid-year budget update has seen the government downgrading its forecast for Australia’s economic growth in 2019-20 by 0.25%, and slashing the projected surplus by A$2.1 billion, to $5 billion. The forecast for wage growth has also been reduced, and unemployment is projected to be slightly higher than was envisaged at budget time.

The figures indicate a worsening economy, but the government has sought to put a positive spin on the situation, saying the Australian economy is showing resilience.

Joining this podcast is finance minister Mathias Cormann and shadow treasurer Jim Chalmers to talk about the figures and the outlook.

New to podcasts?

Podcasts are often best enjoyed using a podcast app. All iPhones come with the Apple Podcasts app already installed, or you may want to listen and subscribe on another app such as Pocket Casts (click here[1] to listen to Politics with Michelle Grattan on Pocket Casts).

You can also hear it on Stitcher, Spotify or any of the apps below. Just pick a service from one of those listed below and click on the icon to find Politics with Michelle Grattan.

image image

image image

image image

Additional audio

A List of Ways to Die[2], Lee Rosevere, from Free Music Archive.

Image:

The Conversation

References

  1. ^ here (pca.st)
  2. ^ A List of Ways to Die (freemusicarchive.org)

Authors: Michelle Grattan, Professorial Fellow, University of Canberra

Read more http://theconversation.com/politics-with-michelle-grattan-mathias-cormann-and-jim-chalmers-on-the-mid-year-budget-update-128931

Business Daily Media Business Development

Essentials That Can Aid in Seamless Business Functioning in this era

You have a breakthrough idea and a killer business plan for your startup. A talented workforce is ready to take on any challenges in the market. It can definitely be a recipe for your star...

NewsServices.com - avatar NewsServices.com

VISIT MALDIVES APPOINTS NEW AUSTRALIAN PR REPRESENTATIVE

International marketing body for destination Maldives, (Visit Maldives) has announced the appointment of Evil Twin PR as their Australian representative, after a competitive pitch process...

Jane Stabler - avatar Jane Stabler

How COVID changed our shopping habits for good & what it means for the future

As Aussies say online shopping ‘came to the rescue’ in 2020 & 60% believe it will be even more important in 2021    COVID-19 has changed Australia’s shopping behavio...

Kate McQuestin - avatar Kate McQuestin

How To Take An RV Vacation

The great thing about RVs is that you can take them anywhere, which means that you have a wide variety of holidays to choose from. RV vacations allow you to unplug and have total freedom...

NewsServices.com - avatar NewsServices.com

Writers Wanted



NewsServices.com

Content & Technology Connecting Global Audiences

More Information - Less Opinion