Mr Morrison said 90 per cent of the $98 billion in new measures announced on Tuesday, including a $27.6 billion business investment allowance, would be spent within two years.
Sources told The Australian Financial Review that focus group research undertaken on budget night by the Coalition indicated broad support for the budget among swing voters, but there was some anxiety about debt and deficit levels.
Markets embrace budget
Treasurer Josh Frydenberg said the debt was “a price worth paying to save Australian lives and livelihoods, and this is a price worth paying to put Australia on a path to economic recovery”.
“The budget … makes it very clear that, but for the measures we have taken and announced, the unemployment rate would h…
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