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National accounts show government spending must continue

Media Release
Nick McKim 2 Dec 2020

Today’s national accounts figures show that government support for people who need it most must continue, Greens economic justice spokesperson Senator Nick McKim says.

 

 

“These figures show it was government spending that propped up the rest of the economy,” Senator McKim said.

“And even then, we are still way behind where we were before the pandemic hit. Millions of Australians are unemployed or underemployed.”

“As the OECD has made clear, now is not the time for the government to cut spending.”

“Our economy being technically out of a recession means very little for the millions of Australians who are living below the poverty line because of decisions taken by this government.”

“Income support will not only save lives and save people from despair, it will help ensure a fairer, quicker economic recovery.”

 

 

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