Global debt bubble growing as government weighs JobKeeper future

The economic fallout from the COVID19 crisis has seen corporate and government debt spiral into the trillions of dollars to keep businesses and households afloat during the pandemic. 

How to pay down that massive debt in a post-pandemic world is a major consideration as the federal government puts the finishing touches on Thursday's scheduled budget update. 

ABC's Peter Ryan speaks with Janus Henderson head of fixed interest Jay Sivapalan and ANZ Bank senior economist Cherelle Murphy.