2024 AI LEADERSHIP SUMMIT HIGHLIGHTS
In the first paper in the CEDA Council on Economic Policy Economic Recovery Series, Professor Percy Allan and The Hon. Dr Craig Emerson consider the need for new macroeconomic policy to avoid the 'cliff' marked by the end of the Federal Government's initial support measures in September
"There is a serious risk that the Australian economy will relapse into deep recession once most of the existing fiscal relief measures expire at the end of September 2020. To avoid that fate, the Federal Government should adopt another large round of fiscal stimulus."
- Professor Percy Allan & The Hon. Dr Craig Emerson
For policy makers the burning issue is how to prevent the Australian economy suffering a double-dip collapse after existing income and other Federal Government support measures designed to offset the effects of the COVID-19 pandemic expire in late September 2020.
The Federal Treasurer, Josh Frydenberg, will provide an updated economic and fiscal outlook on 23 July, which is expected to outline some features of the government’s fiscal strategy ahead of its full budget on 6 October 2020.
CEDA released a research report in March 2016 which examines how Australia can balance the books and repair the budget
Read more Economy December 17, 2008The top six Big Issues for Australian business as ranked by CEDA trustees.
Read more Economy December 29, 2007In 2007, CEDA's Big Issues project identified the top 10 issues for Australia in the minds of our members.
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