Economics
Australia Budget Blowout to Hit Post-War High Amid Outbreak
- Roll call of officials as Lowe speaks Tuesday, Byres Wednesday
- Switch to supporting economy recovery weighed by new outbreak
The Sydney Opera House
Photographer: Cole Bennetts/BloombergThis article is for subscribers only.
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Australia’s government will deliver an economic and fiscal update that’s set to show the biggest budget blowout since World War II, while a second wave of infections delays a pivot in stimulus toward recovery.