Just a few months back, the number crunchers had pencilled in a shortfall of $32 billion for the nation's finances. Suddenly, that's magically transformed into a $4.2 billion surplus, the first time we've seen federal budget black ink since 2008. How did Treasurer Jim Chalmers do it? Even Dr Chalmers would be the first to admit that despite soaring prices, escalating rents and cost of living pressures across the spectrum, ... ⌘ Read more
Just a few months back, the number crunchers had pencilled in a shortfall of $32 billion for the nation's finances. Suddenly, that's magically transformed into a $4.2 billion surplus, the first time we've seen federal budget black ink since 2008. How did Treasurer Jim Chalmers do it? Even Dr Chalmers would be the first to admit that despite soaring prices, escalating rents and cost of living pressures across the spectrum, ... ⌘ Read more