Early Budget to spend windfall gains

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Via the AFR:

The Morrison government is planning an early federal budget next year, all but confirming its intention to go full term and call the election for May.

Budgets are typically held in the second Tuesday of May but the election must be held by mid-May, meaning the traditional budget date would clash with any campaign and would have to be cancelled.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.