Australian Federal Budget 2020: What We Know so Far

Prime Minister Scott Morrison and Treasurer Josh Frydenberg arrive in the House of Representatives at Parliament House in Canberra, Australia on May 13, 2020. Sam Mooy/Getty Images

The Big Picture

* Scott Morrison and Josh Frydenberg say it will be a “jobs budget” with the aim of driving the recovery out of the first recession since the 1990s

* Estimated budget deficit of $200 billion