'Ironic' of PM to recollect '91 'Mother of all Budgets' when she would have been 11 msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Robertson has the winds of a stronger-than-expected economic recovery at his back as he splashes the cash. Despite spending an extra $19 billion over the next four years, Treasury expects the Government s deficit to shrink to less than 1 per cent of GDP by 2025, with strong economic, employment, and wage growth increasing the tax take, and reducing the number of beneficiaries.
STUFF
Stuff political reporters Henry Cooke and Luke Malpass give a quick first look at the 2021 budget. By then the Government expects its spend as a portion of the economy to shrink from 33.1 per cent to 30 per cent in 2025 – low by international standards.