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The Australian’s David Uren has produced a somewhat one-eyed take on the causes of today’s Budget ills, seemingly apportioning most of the blame on the former Rudd/Gillard Governments:
For the four years in which the Howard government enjoyed the resources boom, the proceeds were mainly recycled into tax cuts and spending.
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.