Big spending budget set to splash on aged care, infrastructure: Monday Finance with Peter Ryan

Treasurer Josh Frydenberg is finetuning a big spending federal budget that will pump tens of billions of dollars into aged care, infrastructure, child care and economic security for women.

Westpac chief economist Bill Evans concedes a windfall from falling iron ore prices could be an element of good luck, but he says sound economic management in "going big and going early" with emergency stimulus has been critical in the pandemic-induced crisis.

Here's my analysis from RN Breakfast with Fran Kelly