Surplus for the first time in 12 years, that's cool.
The 2019-20 Budget delivers a surplus for the first time in over a decade. This Budget reinforces the Government’s commitment to investing in Australia’s future by strengthening the economy and guaranteeing essential services, while keeping taxes low. Australia’s economy remains in fundamentally good shape. Employment growth has been strong with over 1.2 million jobs created since September 2013. The unemployment rate is at its lowest level in more than seven years and the participation rate is at a near-record high. However, there are a range of risks both domestically and abroad. The plan for a stronger ... (full story)