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Global Finance: Budget blow out worse than Federal's expectation?

MYEFO Scott Morrison and Mathias Cormann (AAP)
MYEFO Scott Morrison and Mathias Cormann (AAP) Source: AAP

An economist is warning that the budget is in worse shape than predicted just a few months ago. Analysis from Deloitte Access Economics calculates that the budget deficit from now to 2018/19 will total $129 billion dollars. Financial Planner Kam Yuen will further explain the report and its efficient to the government next budget.


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Updated

By Ivan Leung

Source: SBS



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An economist is warning that the budget is in worse shape than predicted just a few months ago. Analysis from Deloitte Access Economics calculates that the budget deficit from now to 2018/19 will total $129 billion dollars. Financial Planner Kam Yuen will further explain the report and its efficient to the government next budget.



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