Treasurer JoshFrydenberg has touted Australia’s world-leading economy recovery at his post-budget address before the National Press Club.
Treasurer Josh Frydenberg has touted Australia’s world-leading economy recovery at his post-budget address before the National Press Club. “Australia is well on the road to recovery,” he said. “In response to the greatest economic shock since the Great Depression, we have now put in place an unprecedented $291 billion of direct economic support. “Extraordinary times have called for extraordinary measures.
” "As John Howard said to me on the eve of the announcement of JobKeeper, ‘During times of economic crisis, there are no ideological constraints’.” The Treasurer pointed out Australia had outperformed every major advanced economy in the world over the last 12 months. “The results are now clear. Our economy is coming back strongly”. “Australia's recovery is at the front of the pack. “Consumer confidence is at an 11-year high. Business confidence is at a record high.
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Treasurer Frydenberg announceS $1.2b investment in digital economy strategy | Sky News AustraliaTreasurer Josh Frydenberg says digital infrastructure and digital skills will be 'critical for the competitiveness' of our economy, creating 'massive opportunities' for growth and jobs. \n\nMr Frydenberg delivered the federal budget on Tuesday evening. \n\n'In this budget, we are investing $1.2 billion in our digital economy strategy, establishing a new national network of artificial intelligence centres to drive business adoption of these new technologies,' Mr Frydenberg said. \n\n'Expanding our cybersecurity innovation fund to train the next generation of cybersecurity experts.\n \n'And undertaking a digital skills cadetship trial which combines workplace and vocational training.'
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