Australia's biggest deficit since World War II: Budget numbers explained simply

Australia is set to face the largest budget deficit since World War II when the federal government hands down the country's economic standing on October 6.

During a special budget and fiscal update today, Treasurer Josh Frydenberg said forecasts show the coronavirus's financial impact on the nation will result in a deficit of more than $85 billion for the 2019-2020 financial year.

Read more:https://www.9news.com.au/national/coronavirus-australia-budget-update-numbers-explained-simply/59ef7b0c-9dff-4338-a973-d04a8c89bce1