With news of Australia incurring a $86 billion budget deficit for FY20, the largest since World War II, some young Australians are confident that the Country is in good shape and that others, anyone except themselves, will resolve future economic issues.
Despite the impact which the budget deficit will have in future years, and likely generations, smashed avocado enthusiast Hugh Honey was confident the deficit was not a big deal.
“It’s really not my problem. I’ve been claiming JobSeeker just like everyone else so I don’t know why you’re asking me about it,” said Honey.
“When I’m working, the Government keeps some of my pay so I’m sure they’ll get their money back soon. I just haven’t had a wage for awhile, that’s all.”
Upon suggestion that taxes may increase in the coming year to assist the Government make up the deficit, Honey was dismissive of the notion.
“They can’t do that. I’m entitled to my money. Tell them to take it from someone else,” he suggested.
Australian fintech Stakk (ASX:SKK) has signed a three-year agreement with U.S. telecommunications giant T-Mobile USA,…
Australia’s mental health burden is growing – and one of the toughest challenges is treatment-resistant…
NoviqTech Limited (ASX:NVQ) has taken a decisive step into the quantum computing market, unveiling the…
Brazilian Rare Earths Limited (ASX:BRE) has cleared its last regulatory hurdle to begin pilot operations…
In an era of rising living costs and shifting consumer priorities, one Australian company is…
Queensland’s push to strengthen its critical minerals supply chain has taken another step forward, with…