From the SMH, Treasurer Bowen is set announce:
- a revenue shortfall of $33 billion across the forward estimates;
- the budget to be back in surplus in 2016/17 but at only about half the size of the $6.6 billion figure predicted back in the May budget;
- unemployment will be higher than thought at 6.25 per cent in 2013/14 (up from 5.75 per cent); and
- the economic growth figure has been revised down to 2.5 per cent (from 2.75 per cent).
You can watch it live below.
