Yeah they reduced labor’s structural deficit down from -$30b to -689m prior to Covid.
in 2013 Labor forecasted gross debt to hit -$667B by 2023-24… the worrying thing about that, is that was without them knowing a 1-100 year pandemic was going to hit. Thankfully Labor were shown the door in 2013, otherwise we would be looking down the barrel of $2 trillion dollars in debt
