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Government sticks to 'unavoidable spending' argument ahead of economic and fiscal outlook
In the May budget, the Treasurer abandoned future surpluses in favour of the “unavoidable” spending on deals with the states worth tens of billions of dollars.
It’s reported Finance Minister Katy Gallagher will also reveal the mid-year economic and fiscal outlook includes $16.3bn to cover the cost of increased welfare payments and pensions, cost-of-living supports, and childcare subsidies.
The Unconventional economist Leith Van Onselen joined Bill McDonald on 4BC Mornings to discuss what could be in store for us with the incoming update.
See omnystudio.com/listener for privacy information.
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By 4BCIn the May budget, the Treasurer abandoned future surpluses in favour of the “unavoidable” spending on deals with the states worth tens of billions of dollars.
It’s reported Finance Minister Katy Gallagher will also reveal the mid-year economic and fiscal outlook includes $16.3bn to cover the cost of increased welfare payments and pensions, cost-of-living supports, and childcare subsidies.
The Unconventional economist Leith Van Onselen joined Bill McDonald on 4BC Mornings to discuss what could be in store for us with the incoming update.
See omnystudio.com/listener for privacy information.