What's in the budget?

Two leading economists say don’t expect any major reforms in the Budget. Paul Brennan, Chief Economist at Citigroup says "Given the Prime Minister's reference to the budget as 'boring', it is difficult to see the budget announcing major structural reforms.” While Bank of America Merrill Lynch chief economist Saul Eslake says: "All the signals emanating from the government in the lead-up to next week's budget suggest that it has no appetite for further policy measures that would either significantly reduce the deficit in the near term, or accelerate the return to surplus over the medium term" (Source: AFR). The Australian Newspaper has provided a useful graphic that outlines the expected changes, which you can access here: (VIEW LINK)


Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.