Latest video updates regarding Coronavirus. Watch this “Government suspends long-standing economic strategy amid COVID-19 recession | ABC News” video below:


The economic shock caused by coronavirus is so great that Treasurer Josh Frydenberg says the normal push for a surplus has to be suspended because it would cause more harm than good.

Twelve days out from the Federal Budget, Mr Frydenberg threw away ambition of delivering a surplus, putting emphasis on bringing unemployment down.

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