The government will not be pressured into "panicked" spending as Treasurer Josh Frydenberg lauds its disciplined approach to managing the budget. It comes after Mr Frydenberg revised down the next four years of projected budget surpluses as a slowing economy wiped $22 billion from the government’s May forecast.
Mr Frydenberg told Sky News he would not provide an “overly unrealistic” forecast, saying the government would still deliver a surplus for the first time in 12 years. “What we are doing is delivering budget surpluses and paying down the debt we inherited from the Labor Party,” he said. “What we can see from today’s mid-year economic update is that the Australian economy continues to grow.
Fraudenberg has more chance of getting pregnant than getting a surplus 😂 😂 😂
josh and this pathetic excuse for a government believe it would be reckless to bring forward spending to encourage the economy.The recently elected government would rather see those who voted them into power, unemployed and losing their homes, and the resulting social dislocation
JoshFrydenberg amagenda JEChalmers SenKatyG ScottMorrisonMP AlboMP MathiasCormann LABOR Jim & Katy need 2learn difference between GOOD Debt & BAD Debt. When you take action on BIG issues you need to SPEND Accountable 4Outcomes & Consequences.Labor fail 2deliver just Spend
But they will if told by big business.
you spend recklessly regardless
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Source: SkyNewsAust - 🏆 7. / 78 Read more »