government revenue grows 24% since 2008, page-16

"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.