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The big budget question is why the surplus wasn't big

  • Written by Warren Hogan, Industry Professor, University of Technology Sydney
imageTreasurer Josh Frydenberg and Finance Minister Mathias Cormann unveil a budget outcome as good as balanced on Thursday.Lukas Coch/AAP

The budget was for practical purposes in neither deficit nor in surplus in 2018-19, the final figures released by Treasurer Josh Frydenberg and Finance Minister Mathias Cormann on Thursday reveal.

The underlying cash...

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