Sydney Morning Herald | Budget update: Iron ore retreat, flat wages to deepen deficit Sydney Morning Herald Steeply falling iron ore prices, flat real wages and below-trend economic growth have ripped a hole of up to $5 billion a year in an already deficit-strewn budget, figures to be unveiled on Tuesday are expected to show. Treasurer Scott Morrison and ... The truth about the budget will be ugly, but it's what we need Budget axe trims $7bn to offset cost of Lib agenda Turnbull's Budget Nightmare About to Get A Whole Lot Worse |
Budget update: Iron ore retreat, flat wages to deepen deficit – Sydney Morning Herald
ByGoogle News
Dec 14, 2015