Budget struggling even before stimulus

By Colin Brinsden
Updated March 27 2020 - 1:53pm, first published 1:47pm
Westpac economists expect the budget will be in a deficit of $90 billion in 2019/20.
Westpac economists expect the budget will be in a deficit of $90 billion in 2019/20.

The federal budget position was trailing behind forecasts even before the Morrison government announced two massive stimulus packages to help counter the impact of the coronavirus.

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