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Podcast: The Money Puzzle
Episode: The fine detail of Australia's dire budget update. Could deferred loans be written off? The fix is in on Australian mortgages.
Description: Federal Treasurer Josh Frydenberg has revealed the incredible damage COVID-19 has wreaked on Australia's finances. But a closer reading of the budgetary assumptions reveals a mix of optimism and pessimism. James and Alan discuss what is and isn't meaningful in the news, and whether we are destined for a depression in this week's episode. Also covered: more MMT debate, the outlook for deferred loans and Tesla's unlikely win. Â See omnystudio.com/listener for privacy information.