MYEFO all unicorns and rainbows

Advertisement

Yesterday afternoon, the Morrison Government released its pre-election Mid-Year Economic and Fiscal Outlook (MYEFO), which tipped a strong rebound for the Australian economy.

The below chart provides the key forecasts for the Australian economy over the forward estimates:

The next table shows the detailed forecasts compared with the federal budget to 2022-23:

Advertisement

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
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.