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Australia’s economy ‘totally driven’ by government spend
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• 12/26/24
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Australian Industry Group Chief Executive Innes Willox says Australia’s economy is being “driven totally by government spend” at the moment.
Treasurer Jim Chalmers has delivered the government’s Mid-Year Economic and Fiscal Outlook (MYEFO) for 2024-25.
The Treasurer revealed the budget deficit, at $26.9 billion, is $1.3 billion smaller than previously expected.
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