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Queensland Economic Advocacy Solutions

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Coalition Government's MYEFO 2017-18.

Today the Coalition Federal Government released the Mid-Year Economic and Fiscal Outlook.  In summary the Government is delivering a reduced deficit in 2017-18 down from $29.4 billion in the Federal Budget to $23.6 billion in the MYEFO.  However in the grander scheme of things there has not been significant change since the Federal Budget in May.  The Federal Government will not reach a surplus until 2020-21 and we are still making little inroads into a substantial pay down in debt.  It is a case of small steps but at least in the right direction.  

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