Treasury papers show pressure on surplus target
Documents show public sector wage demands could blow out the government's balanced budget.
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Likely wage and salary increases over the coming year could scupper the government’s plans to achieve a budget surplus.
Documents obtained under the Official Information Act show a 1% rise in state sector wages.
A 1% increase would mean an extra $216 million a year spending, a 2% rise would mean
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Rob Hosking
Fri, 21 Nov 2014
Fri, 21 Nov 2014
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Treasury papers show pressure on surplus target
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