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If Treasury forecasts are right, it could be a decade before Australia is ‘back in black’

By John Hawkins, Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra
Stephen Bartos, Professor of Economics, University of Canberra

After two successive surpluses, the federal budget will be back in deficit for 2024-25, according to the much anticipated budget update.

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