Battle won. Our budget woes are behind us
- Written by Warren Hogan, Industry Professor, University of Technology Sydney
The government’s final budget outcome for 2017-18 is a deficit of A$10.1 billion. That’s an extraordinary A$8.1 lower than the May estimate just months ago, and more than A$19 billion lower than when the 2017-18 budget was originally put together the previous May.
The deficit, a mere 0.6% of gross domestic product, is the smallest in...
