Category: Economic Recovery Plan

Conservatives’ Costing Plan Aims to Cut Deficit by 85% Over Next 5 Years

The Conservative Party released a costing for their 2021 election platform on Sept. 8, committing to reduce the federal budget deficit without cutting government programs. The Conservative’s costing plan aims to reduce deficit by 85 percent, from $168 billion this year to under $25 billion in 2025-26. According to the plan, Conservative platform promises would first…


Australian PM Announces Second Phase of COVID-19 Recovery Plan

Prime Minister Scott Morrison has announced the second phase of the COVID‑19 Economic Recovery Plan, part of the upcoming 2021-2022 treasurer’s budget. In an address to the Business Council of Australia on April 19, Morrison said that the budget would build on the foundations of last year’s economic recovery plan—a plan that saw $98 billion…