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The budget's tax cuts have their critics, but this year they make fiscal sense

  • Written by Richard Holden, Professor of Economics, UNSW
The budget's tax cuts have their critics, but this year they make fiscal senseAAP/Lukas Coch

This year’s budget is something of a play in two acts. Act one involves large economic stimulus to help plug the hole in output generated by the coronavirus pandemic. Act two tries to set Australia up for a bounce back in economic growth and employment that involves more than just waiting for the pandemic to end.

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Read more: The budget's tax cuts have their critics, but this year they make fiscal sense