The economy is ‘roaring back to life’ - key indicators below:
Iron Ore demand by China is cushioning the debt.
Recovery in Employment
The budget bottom line is $133 billion, which $30 billion better than forecasts in December, due largely to surging income taxes off the back of jobs growth, as well as increased superannuation and company taxes. The former reflects a rebounding share market, the latter a business recovery led by retail.
More details here - https://lnkd.in/gSCQqfG
Comments