The AFR is trumpeting its usual short-termist drivel this morning:
The federal government is within reach of posting its first budget surplus in 15 years, as surging tax revenue from iron ore, coal and gas, and record numbers of people in work deliver Treasurer Jim Chalmers a financial windfall.
Inflation and the ultra-low unemployment rate of 3.5 per cent are lifting tax revenue and reducing welfare payments, while the return of hundreds of thousands of migrant workers is delivering a bigger fiscal dividend.