IAN MEIKLE.
THE good bad news from the ACT’s covid-delayed Budget that finally saw the light of day this past week is that the forecast deficit for this financial year (ending June 30) is tipped to be $603 million.
Ian Meikle.
That’s about $306 million lower than the August estimate, but with this government that depends.
The bad bad news, and this paper’s columnists have warned and warned about this pre-covid, is that our profligate progressives have clocked up $4.7 billion in cumulative debt, which will balloon to an eye-watering $7.7 billion in 2023-24.
To spin the latest numbers, it looks like Treasurer