By Bill Frilay.

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Whichever side of politics wins the September Election, it will encounter serious constraints and challenges in framing our future Commonwealth Budgets.

Bill discusses expenditure, revenue, the deficit, and the way forward. He presents extracts and charts from Budget Paper No 1 to illustrate his comments on expenditure by function and real growth figures, and debates sources of revenue.

To read Bill’s article in full, click HERE.

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