From the "mini budget":-
the size is the deficit in 2013/14 is expected to be $30.1 billion;
the deficit in 2014/15 is expected to be $24 billion; and
the budget is expected to return to a surplus of $4 billion in 2016/17.
In total the statement contains savings of $17 billion (including things we already know about like the change to fringe benefit tax arrangements for cars, the levy on banks and the increased tax on cigarettes).
Read more: http://www.brisbanetimes.com.au/federal-election/the-pulse/politics-live-august-2-2013-20130802-2r3in.html#ixzz2amGNaLtt
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