A spoonful of sugar for the pre-election budget

If the upside we’re seeing currently was factored into Labor’s pre-election budget, its forecasts would be vastly more positive than what we’re likely to actually get tomorrow.

The Pre-Election Fiscal Outlook will be released by Treasury and Finance on Tuesday and given the unrealistically downbeat view on global and domestic conditions from the official family, it is likely to present a set of economic and budget estimates little changed from those released by the government on August 2.

A summary of those forecasts from the government is here at Table 1 for the economy and Table 2 for the budget aggregates.

Graph for A spoonful of sugar for the pre-election budget

Graph for A spoonful of sugar for the pre-election budget

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to proceed…

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles