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Whether Australia’s budget has a surplus tells us little about the government’s worth – it’s all on the choices made

Do you direct the recourses of the economy on things that produce good outcomes for Australians, or spend $4.6bn to improve the UK economy?

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We are now a month away from the 2024-25 budget. And as with all budgets, the choices made matter much more than any big numbers that get the media attention.

The first thing to remember about budgets is caring about whether or not the budget is in surplus or deficit is a rather silly endeavour. Continue reading...


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