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Fri Sep 27

The dirty secret at the heart of the projected budget surplus: much higher tax bills

Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University

Bill shocks are the flipside of a surplus built on higher tax collections and tighter access to support payments.Shutterstcok

The budget is bouncing out of deficit and is set to stay in surplus for the decade to come.

That’s what the April budget and the final budget outcome for 2018-19 tell us, and Thursday’s report from the...

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