It's not all fiscal doom and gloom for Hockey

Despite delivering a gloomy set of numbers, Joe Hockey's upbeat tone suggests Australia's fiscal headwinds could be offset by some positive external influences.

Given the collapsing terms of trade, the $10.6 billion blowout in the budget deficit over the past six months was to be expected. What may have surprised is how relatively sanguine Joe Hockey appears to be about his rapidly deteriorating bottom line.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've 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 activate your membership

If you didn't receive SMS code please

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

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles