Jim Chalmers says if elected, an Albanese government will deliver a ‘proper’ budget before the end of the year to amend ‘damage of the last 10 years’
a week ago to outline the Morrison government’s shift in its fiscal strategy away from supporting the economy to get through Covid to one that plots a shrinking budget deficit as a proportion of overall activity., fanned of late by Russia’s invasion of Ukraine, will cut the current fiscal year’s budget deficit by as much as $30bn, but still leave more than a decade of deficits ahead.
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