The only way to balance the Budget

Tuesday 17 March 2015

Fairfax and The Australian are running articles today on how the Abbott Government is mulling further expenditure cuts to be announced in the 2015 May Budget, in a bid to restore the Budget back to surplus within five years.

But those within the inner sanctums of Government are complaining of mixed messages:

The Australian has been told of deepening concerns in Treasury that ministers are running out of time to finalise huge decisions on the May 12 budget, sparking fears of a lack of clarity about the strategic direction…

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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.