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Categorized | Daily News, News

$11.5 billion in new savings to sustain the balance sheet

THE Federal Government is sticking to its plan to bring the Budget back to surplus in 2012/13, after finding a further $11.5 billion in new savings over the next four years. In the Mid-Year Economic and Fiscal Outlook (MYEFO) released today, the government predicted a slim $1.5 billion surplus in 2012/13, compared with its previous [...]

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