A woman shelters under an umbrella as rain falls on Feb. 7 in Sydney, while the Bureau of Meteorology issued severe weather warning along the New South Wales state coast. The rain comes as a slight relief for some areas dealing with wildfires that devastated large swathes of land across the state over the last several months.
Australia Surplus 'unlikely' after bushfire, coronavirus hit
01:25 09 february 2020
01:25 09 february 2020
Source:
skynews.com.au
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Senior government sources say a surplus in the next two financial years appears “ unlikely ”, according to Sky News Political Editor Andrew Clennell.
Drought, bushfires and coronavirus have had a negative impact on the Australian economy. China only made up about 4 per cent of the world's economy during the SARS outbreak, but now makes up 17 per cent. Treasurer Josh Frydenberg says delivering a surplus is not the Government's primary focus.
Senior government sources say a surplus in the next two financial years appears “unlikely”, according to Sky News Political Editor Andrew Clennell.
Returning the budget to surplus was one of the Coalition’s key election promises, but the government has changed its tune in recent months, with Scott Morrison now declaring a surplus is of “no focus” to him.
Mr Clennell said he understands the government believes it would have been able to survive the economic hit of the fires, but coupled with the coronavirus, it’s unlikely the budget will be able to recover.
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WA Bushfire Emergency Coverage - Продолжительность: 7:18 Nine News Perth 9 116 просмотров. Rescue underway after climber falls from Blue Mountains cliff | Nine News Australia - Продолжительность: 13:38 9 News Australia 17 425 просмотров.
The global tally of confirmed coronavirus cases hit 60 million on Wednesday, with the pace of new infections accelerating and the United States reporting record numbers of hospitalizations, according to a Reuters tally.
Pictures: In photos: Australia wildfires
China reports 1,886 new virus cases, death toll up by 98 .
China reports 1,886 new virus cases, death toll up by 98Mainland China reported 1,886 new virus cases and 98 more deaths for a total of 1,868 in its update Tuesday, following a report that 80% of cases have been mild, prompting guarded optimism from health officials.
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Surplus ' unlikely ' after bushfire , coronavirus hit - YouTube
Senior government sources say a surplus in the next two financial years appears “ unlikely ”, according to Sky News Political Editor Andrew Clennell. www.youtube.com
Coronavirus means budget surplus now unlikely , says formerDrought, bushfires and coronavirus have had a negative impact on the Australian economy. China only made up about 4 per cent of the world's economy during the SARS outbreak, but now makes up 17 per cent. Treasurer Josh Frydenberg says delivering a surplus is not the Government's primary focus. www.abc.net.au
NSW bushfire emergency, Treasurer cuts budget surplus - YouTubeWA Bushfire Emergency Coverage - Продолжительность: 7:18 Nine News Perth 9 116 просмотров. Rescue underway after climber falls from Blue Mountains cliff | Nine News Australia - Продолжительность: 13:38 9 News Australia 17 425 просмотров. www.youtube.com
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