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When it came to the surplus, both Bill and Scott were having a lend

  • Written by Richard Holden, Professor of Economics, UNSW

One of the more telling moments in the third and final election debate between Scott Morrison and Bill Shorten on Wednesday night was when moderator Sabra Lane asked if, faced with an economic downturn, both leaders would be able to maintain a budget surplus.

Remarkably, if not at all surprisingly, both leaders said they would.

This is the state of...

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