THE DISTILLERY: MYEFO merry-go-round

The federal government's imminent MYEFO stirs the commentariat to question its timing and assumptions.

The Mid-Year Economic and Fiscal Outlook comes out today, with the usual questions about the credibility of its underlying assumptions. It’s a classic collision between the structural issues undermining the budget’s long-term position and the government of the day’s short-term political needs. And while forecasters of all stripes have been made fools of in the post-GFC world, one European commentator’s reputation has increased exponentially – a Fairfax writer takes a closer look.

But first, The Australian’s economics editor David Uren says the potential recovery of Australia’s housing market will be front and centre today.

{{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