Labor government has a ‘hard grind back to a balanced budget’

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Deloitte Access Economics partner Stephen Smith says the Labor government has a “hard grind back to a balanced budget” with the federal budget to be announced on October 25th.

“The budget balance has improved dramatically from the depth of the pandemic, but in

a lot of ways that’s the easy part,” he told Sky News Business Editor Ross Greenwood.

Source: News Formal (newsformal.com)

 

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Labor have never achieved a balanced budget.

Compliments of LNP worst government in Australian History.

It will take many years to repair the damage of the Morrison and Abbott governments.

Yet wants to give 2 billion to Dan for his tunnel project

Headline Rewrite - ALP has a tough job to balance the budget after inheriting from the Coalition the biggest debt in the history of Australia...whew OK

ALP=Recession. Hawke/Keating, Albo/Chalmers

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