Politics | Federal State & International Politics Breaking News & Analysis | The Sydney Morning Herald
Treasurer Josh Frydenberg has confirmed the largest budget deficit on record - with economists expecting it to be dwarfed by what he announces on October 6.
Scope survey

Economists predict budget deficit up to $270 billion, even bigger debts to come

The government has confirmed the biggest budget deficit in history, but it will be a speed bump compared to the 2020-21 shortfall, say key economists.

  • by Shane Wright and Jennifer Duke

Opinion & Perspectives



The federal government will announce incentives to increase electric vehicle sales in the budget.
Electric cars

Electric vehicles to charge ahead with federal budget incentives

The Morrison government will announce an assistance package for businesses that will help them trial new technologies in their vehicle fleets.

  • by Rob Harris
Parents of stillborn babies will soon be given expanded leave entitlements.

Stillborn baby payments to be streamlined after years of inconsistency

Next week's budget will commit $7.6 million to bereavement payments for families dealing with the loss of a child.

  • by Rob Harris

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