Australian treasurer Josh Frydenberg has dropped a big clue in the economic update that he expects international air travel to resume and Australia’s borders to reopen on January 1, 2021.
But don’t rush out to try and book a flight because there’s no guarantee that planes will be taking off again then or at anywhere near pre-pandemic levels.
The budget update that reveals Australia is in recession and facing a massive debt and deficit hit and rising unemployment is based on a series of assumptions about when Covid-19 restrictions are lifted.
The assumption that international borders will reopen next year is outlined in black and white in the document.
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