Tag Archives: Joe Hockey Faces $60Bn Budget Hole

TheAustralian – Joe Hockey Faces $60Bn Budget Hole – 1 April 2014

The Australian

By David Uren

SAVINGS of more than $60 billion a year will have to be found by 2023-24 for the Abbott ­government to reach its surplus target, according to the Commission of Audit, which presented a bleaker outlook for tax revenue than was contained in the midyear budget update.

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