Does Hello Big Spenders mean Farewell Fiscal Discipline?

But will the private sector deliver? In line with classic Liberal party policy, Treasurer Josh Frydenberg’s covid-recovery massive-deficit budget has put most of its eggs in the private sector basket. If the private sector does not respond adventurously to the budget’s unprecedented multi-billions of dollars of government incentives, the needed economic recovery from the Covid-19 recession is doomed – and so is the government, no matter how good the post-budget opinion polls.