Australian Broadcasting Corporation
| 9 months ago
A Standard and Poor's analyst originally told the ABC the agency was predicting a budget deficit of up to $25 billion this year. But Standard and Poor's now says the analyst was referring to old figures from the last financial year. It says the...
Australian Broadcasting Corporation
| 9 months ago
The Coalition focused its Question Time attack solely on the economy and the credibility of Labor's promise to deliver a surplus this financial year. But in some ways, Question Time was more notable for what was not asked than what was. There was no...
The Age
| 9 months ago
Mr Swan was quizzed during question time in parliament on Wednesday by shadow treasurer Joe Hockey about reports several members of the Labor caucus had questioned how the government was going to pay for its big ticket promises. The treasurer said...
Sydney Morning Herald
| 9 months ago
We estimate that Australia's general government (federal, state, and local) will record a deficit of 2.5 per cent of GDP in 2012, and return the balance to surplus in 2015, according to London-based analyst Kyran Curry, in a report released overnight.
