Australia Deficit Blows Out to $132 Billion, Jobless Peak 9.25%
Pedestrians wearing protective masks walk past Flinders Street Station in Melbourne, Australia. (Photographer: James Bugg/Bloomberg)

Australia Deficit Blows Out to $132 Billion, Jobless Peak 9.25%

(Bloomberg) -- Australia’s budget deficit will blow out to a post-World War II record amid a surge in spending to plug a virus-induced gaping economic hole, as the government sees the crisis spilli...
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