The Distillery: PEFO pile-up

Jotters pour scorn on Treasury's forecasting track record, with one saying the department has now "jumped the shark".

If the Pre-Election Economic and Fiscal Outlook were a movie, it would be Todd Phillips’s The Hangover Part II. It was effectively a remake of the original, which in this case is the government’s post-budget economic statement, rather than another chapter that delivers anything new – and the critics are disappointed.

{{content.question}}

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