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Monday's MYEFO will look good, but it will set the budget up for awful trouble down the track

  • Written by Warren Hogan, Industry Professor, University of Technology Sydney

An appallingly perfect storm is brewing for the federal budget:

  • a government with much more income than expected

  • a federal election due within months

  • a government well behind in the polls

With the election all but announced for May, next Monday’s Mid Year Economic and Fiscal Outlook (MYEFO) will be the effective start of the campaign.

The...

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