Josh Frydenberg on uncertain economic times

Politics with Michelle Grattan · Aug 13, 2021 · 29m

When Treasurer Josh Frydenberg joined the podcast in December, the outlook was positive. While the forecast deficit was massive at nearly $200 billion, it had been revised down and the prospects for growth and employment revised up.

Frydenberg said then: "Australians go into Christmas with real cause for optimism and hope".

But the economic climate now is bleaker. And very uncertain.

With the September quarter set to be negative, and the December quarter dependent on New South Wales' ability to get on top of the virus, a second recession can't be ruled out.

But joining The Conversation…