$16 billion of the MYEFO budget update is 'decisions taken but not yet announced'. Why budget for the unannounced?
- Written by John Hawkins, Senior Lecturer, Canberra School of Politics, Economics and Society and NATSEM, University of Canberra
MYEFOOne of the most fascinating elements of Thursday’s Mid-Year Economic and Fiscal Outlook is the one we cannot see clearly.
Included in the MYEFO budget update are A$16 billion (over four years) of spending “decisions taken but not yet announced and not for publication”.
These refer to measures to which the cabinet has agreed...
