Should we raise Newstart? Pay Aboriginal people some rent for their land? Or bank it? Four people weigh in
John Quiggin, Australian laureate fellow in economics at the University of Queensland
If there is one thing we can learn from the reaction to the Morrison government’s announcement of a projected surplus of $4.1bn for 2019-20, it is that, while everyone loves a surplus, no one loves a big surplus. At least for the last thirty years, the Commonwealth budget has never been in surplus by more than 2% of GDP.
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