It’s going to be massive. That’s the take of QIC Chief Economist Dr Matthew Peter who’s predicting a budget deficit of 12% of the GDP. Today, Craig Balenzuela asks the tough questions: what are the big initiatives in this year’s budget, how will the government transition to create economic growth, the future role of credit agencies and how the COVID-19 vaccine fits in with the government’s fiscal plans. One not to be missed.

Disclaimer:

This information is solely for general information purposes. It is not financial product advice or an offer to sell or solicitation of an offer to buy securities or any other investment, investment management or advisory services. In preparing this information, QIC has not taken into account any investor’s objectives, financial situations or needs. QIC does not represent, warrant or guarantee that the integrity of this information has been maintained or that the information is free of errors, virus or interference. You are not permitted to rely on this information, and any reliance on it, or decisions made based on it, are your responsibility. QIC therefore accepts no liability for any reliance on this information.

Copyright QIC Limited, Australia. All rights are reserved. For more information about QIC, our approach, clients and regulatory framework, please refer to our website www.qic.com or contact us directly.