The whole premise is bs.
Borrowing money that has to be paid back with interest within a strict timetable isn’t going to help anyone who isn’t earning the money to meet the payments.
Why would/should anyone pay tax on money they’ve had to borrow just to stay solvent.When the interest payments are already an issue and bringing the balance sheet back to zero with a bail out isn’t the same thing as well into profit and earnings.
The only way out of this mess is to ■■■■■ the import bill of stuff we can make for ourselves using punitive tariffs and quotas and get back to work making stuff.That includes ditching the climate change bollox and reopening our mining industry.