SYDNEY : Australia is set to deliver its first budget surplus in 15 years on Tuesday, as its coffers bulge with tax windfalls from higher commodities prices and wages, a political win for the centre-left Labor government since coming to power last May.The budget will forecast a small surplus of around A$4
SYDNEY : Australia is set to deliver its first budget surplus in 15 years on Tuesday, as its coffers bulge with tax windfalls from higher commodities prices and wages, a political win for the centre-left Labor government since coming to power last May.
That brings the total savings found across the two budgets delivered so far by the Labor government to A$40 billion. "We are putting the Budget on a much more sustainable footing at the same time as we provide cost of living relief and invest in the future."
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