budget, page-24

  1. ACB
    4,958 Posts.
    the growth forecasts are all wrong even if their luck holds on China

    the mining sector is booming right now yet we have a $50bn deficit and best ever terms of trade

    but Swan relies on things getting better - much better!

    even if his forecasts are met, government debt will be approaching $200bn before a cent is paid off in 2 years time (even that surplus is tiny)

 
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