Wednesday, 18 December 2024

MYEFO

 It was released yesterday.

Here are two views

  1. myefo-mid-year-budget-deficit-predicted-albanese-labor-government
  2. if-treasury-forecasts-are-right-it-could-be-a-decade-before-australia-is-back-in-black
My only comment is neither party has responded to the permanent new high of government spending. We need more tax.although the Opposition talks a big game they never say what spending they would cut. Just remember in government they cut diddly squat.
The only way to get the budget back into balance is to do something with tax!

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