BUDGET 2013: Not tough, not clean but not bad

Look past the forward “guestimates” and Swan’s last budget is not a tough one. Any big savings will appear long after he’s gone.

Amazingly, this is not a tough budget, at least for 2013-14. Despite all the talk of collapsing revenue and difficult decisions, it’s another big spender from Wayne “Shirley Bassey” Swan.

And it’s also full of revenue over-estimates, expenditure under-estimates, and fiddles and spin, which is a pity: despite all the rhetoric flying around, receipts are actually growing pretty smartly and spending is growing less than revenue.


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