An eye-watering hit to the budget - a podcast by ABC Radio

As budgetary holes go, this is a big one.

Australia's budget deficit has hit almost $86 billion last financial year, with the Treasurer Josh Frydenberg revealing the biggest blow to the bottom line since World War II.

Coronavirus is being squarely blamed for the budgetary disaster.

Luckily The Party Room is back just in time to help break it all down and guide you thought it all.

Fran and PK are joined today by Insiders' host David Speers.

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