"2012: $376 billion
2008: $303 billion
I don't understand your post that Swan is receiving $150bn less since the GFC but am happy to be educated on this."
AP,
Howard govt receipts were 273 billion in 2006/7. Billy McMahon's 9 billion in '72. Does that make McMahon better than Howard?
Remove inflation and growth in the economy to compare apples with apples. To save you the trouble just look at % of GDP.
That's why they show % of GDP in all budgets. Nominal figures are useless.
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