A budget to protect Labor's legacy

A surplus in the forward estimates will be the centerpiece of this year’s budget, because the alternative, in the long-term, would be even more painful for Labor.

To surplus or not to surplus? That, once again, is the question.

I am now almost certain that – despite all the dire revenue warnings – the centerpiece of next Tuesday’s federal budget will be the revelation of a return to surplus in the last year or two of the forward estimates.

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