Casting an eye over the headlines from the federal budget, one may assume that the anticipated budget surplus is a direct result of the federal government tightening its belt. Do not be fooled. As is always, the devil is in the detail.
The Budget Papers reveal that federal government spending is expected to reach its highest level since 1993, with spending expected to reach 27 per cent of GDP by 2025.
Already a subscriber? Log in
Subscribe for just $2 a week
Try a month of The Spectator Australia absolutely free and without commitment. Not only that but – if you choose to continue – you’ll pay just $2 a week for your first year.
- Unlimited access to spectator.com.au and app
- The weekly edition on the Spectator Australia app
- Spectator podcasts and newsletters
- Full access to spectator.co.uk
Or
Comments
Don't miss out
Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.
SUBSCRIBEAlready a subscriber? Log in