"The road back is going to be long, bumpy and hard." - Treasurer Josh Frydenberg.

* Deficit of $85.3 billion, or 4.3 per cent of gross domestic product

* Total payments were up $57.7 billion and receipts were down $33.1 billion compared to the mid-year review

* Growth fell by 0.2 per cent, but final public demand and net exports were stronger than forecast

* Gross debt hit $684.3 billion, or 34.5 per cent of GDP

* Employment fell by 4.3 per cent through the year to the June quarter 2020

* Unemployment rate increased to seven per cent in the June quarter 2020.

* Wage Price Index increased by 1.8 per cent through the year to the June quarter 2020 and compensation of employees rose by 3.7 per cent in 2019/20

Source: Treasury

Australian Associated Press