Published: December 16, 2018
Treasurer to forecast a surplus by 2020 ‘without increasing taxes and while providing essential services’
The Morrison government will use Monday’s mid-year economic review to unveil a $552.9m increase in aged care funding, and confirm the release of 10,000 high-level home care packages, while pointing to the first surplus in a decade.
Government officials say the mid-year forecast, to be released by the treasurer, Josh Frydenberg, in Canberra, will show the deficit in 2018-19 at its lowest level for a decade, and forecast a surplus for 2019-20.
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