Australia’s economic future is built on fantasy

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Contained within the federal budget are forecasts that stretch for a decade, often providing a far rosier longer-term perspective on the trajectory of the nation’s fiscal balance than more near-term estimates.

Within this year’s federal budget, there were a number of, shall we say, optimistic outlooks on which the eventual return to surplus in 2034-35 is built.

Three of these major factors were:

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About the author
Tarric is an Australian freelance journalist and independent analyst who covers economics, finance, and geopolitics. Tarric is the author of the Avid Commentator Report. His works have appeared in The Washington DC Examiner, The Spectator, The Sydney Morning Herald, News.com.au, among other places.
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