Govt surplus target slips despite 'rock solid' economy
Economic "engine" is larger, even as the tax gatherer's friend — inflation — takes a holiday.
Rob Hosking
Tue, 16 Dec 2014
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
The government has pushed any extra dollops of spending — or tax cuts — out to 2017, an election year.
The Budget Policy Statement, released as part of today's annual Half Yearly Economic and Fiscal Update shaves $500 a year off the $1.5 billion "new initiatives" allocated in Budget 2014.
That
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Rob Hosking
Tue, 16 Dec 2014
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
