Sunday, March 3, 2013

Budget stuck in deficit - The Australian



As Julia Gillard courts western Sydney, new modelling suggests Australia faces a structural deficit until 2025 in the absence of policy changes.



Borrowed time (Oz): AUSTRALIA faces structural budget deficits "as far as the eye can see", according to new economic modelling that will reinforce calls for a systemic review of government spending. http://www.theaustralian.com.au/national-affairs/treasury/decade-of-deficits-puts-focus-on-spending-cuts-says-new-economic-modelling/story-fn59nsif-1226589535108



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