Slowing economic growth has wiped $2 billion from Australia’s budget surplus

- December 17, 2019 3 MIN READ

Workers hoping for a pay rise as their Christmas present are unlikely to find anything in their stocking as the Australian government revised down its forecasts for economic and wages growth in its mid-year economic update. Treasurer Josh Frydenberg and Finance Minister Mathias Cormann released the Mid-Year Economic and Fiscal Outlook (MYEFO) – the government’s… Read more »