Bloomberg Television
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Australia Says Providing Substantial Support for Economy
Posted
October 7, 2020
Views
1,956
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47
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October 7, 2020
1,956
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8:42Now PlayingOct.06 -- Australian Finance Minister Mathias Cormann discusses the budget announced Tuesday. The government unveiled a multi-pronged fiscal plan that pushes its budget deficit to levels unseen in peacetime in a bid to power a recovery and generate jobs for tens of thousands left unemployed by Covid-19 containment efforts. It will inject A$98 billion in spending and business concessions. Cormann speaks on "Bloomberg Daybreak: Asia."
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