Australian economy recovers from COVID-19 recession | SBS News #newschooltattoo #newstuff, İnternational news 2022

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Lower unemployment and higher pay, but increasing inflation to match it.

That’s the message from the mid-year budget update, which foreshadows continued economic growth.

But the spectre of Covid-19 is hanging over the predictions and the Opposition is demanding the government come clean on billions of dollars set aside in the budget document for the next election.

For more on this story visit: https://www.sbs.com.au/news/here-s-what-we-learned-from-treasury-s-latest-number-crunch-the-myefo/76be70c1-9e6b-43ed-aa59-745ac3854b7c

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