S&P Global Ratings' Anthony Walker says it is expected that the government will announce a “small surplus” for the federal budget.
The looming federal budget will need to strike the right balance between providing cost of living relief and not loading up Australian consumers and businesses with too much extra cash.
Excess cash could trigger a spending spree in the September quarter.
From a fiscal perspective, Australia’s credit rating remains AAA.
Mr Walker told Sky News Australia that the fiscal challenges right now are “not that challenging”.
Негізгі бет Fiscal policy ‘not that challenging’ for Australia right now
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