Deck the halls with forward estimates!

Christmas for the finance world has finally arrived, with the Federal Budget 2020 putting pen to paper on a fiscal year for the ages.

And with a deficit to the piercing tune of $213 billion dollars, this year’s tea leaves do not paint a pretty picture.

Can we hitch our recovery wagon to tax cuts?

Will big-spending in business add up alongside a continuation of social distancing?

As they say in economics, ‘You can never judge a budget until it’s at least a week old.’

Joining me to find out whether this financial Christmas we'll be getting a new bike, or a pair of socks is Nicole Sutton from the UTS Business School’s accounting discipline, Richard De Abreu Lourenco with the Centre for Health Economics Research and Evaluation at the University of Technology Sydney and UTS Business School Industry Professor Warren Hogan.