Treasurer Swan’s commitment to bring the government budget into surplus in 2012-13 may be a political imperative, but is not good economics. The focus for prudential fiscal management should instead be…
Articles on Surplus
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The Victorian government is set to hand down its budget this week. Premier Ted Baillieu is committed to returning Victoria back into the black, after it spent the first six months of this year in a $341…
The Federal Government is continuing its pre-budget surplus sell, with Prime Minister Julia Gillard directly linking its plans to return the budget to surplus to lower interest rates. Gillard will use…
The Federal Government’s quest to return the budget to surplus raises many questions and not just about what immediate rationale there is on economic grounds for this strategy. It also raises deeper questions…
The Federal Government is still aiming to deliver a slimmed down surplus next financial year, but has downgraded economic growth forecasts amid a slowing world economy and news that Europe may already…
It is just possible that the Federal Government’s public statements about the need to get back, at all costs, to a budget surplus for the 2012-13 year are based on a grim view of the intelligence of the…
The Federal Government has come under renewed scrutiny over its commitment to bring the budget into to surplus by next year, with Delloite Access Economics forecasting a deficit of $1.9 billion for 2012-13…
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