The Final Budget Outcome for 2017-18 is Australia’s best in a decade. The Government’s economic plan & budget management has seen our bottom line improve by $19.3 billion since estimated in ’17-18 Budget.
At 0.6 per cent of GDP, it’s the smallest deficit in 10 years. A strong economy & responsible budget means we can guarantee essential services that the Australian people expect and deserve.
Despite this, we can’t be complacent. The economy doesn’t run on autopolit and let’s be clear; Labor’s track record on debt and deficit is not one that inspires confidence.
You can read more about the Final Budget Outcome 2017-18 here and my op-ed here.