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Budget update brings deficit blowout and hits to health and aged care

  • Written by: The Conversation Contributor
imageTreasurer Scott Morrison described the growth forecast as a 'more realistic outlook'.Aaron Bunch/AAP

Health, welfare compliance and aged care have been targeted for savings in a budget update that forecasts deficits bigger than expected in May and pushes out further the return to surplus.

In some 180 savings measures more than offsetting extra...

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MYEFO 2015 at a glance

  • Written by: The Conversation Contributor
imageScott Morrison and Mathias Cormann unveil the Mid Year Economic and Fiscal Outlook for 2015-2016....

image

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