<description>&lt;p&gt;Despite a $32 billion tax windfall, the government&amp;rsquo;s mid-year update shows no surplus in sight. Tom Storey and Deloitte&amp;rsquo;s Pradeep Philip break down the massive spending blowouts, rising interest on debt, and why a surplus remains elusive until 2035. Is this "responsible management" or a budget on the brink?&lt;/p&gt;&lt;p&gt;See &lt;a href="https://omnystudio.com/listener"&gt;omnystudio.com/listener&lt;/a&gt; for privacy information.&lt;/p&gt;</description>

Money News

Money News

The Multi-Billion Dollar Balancing Act: Is the Budget Still Under Control?

DEC 17, 202513 MIN
Money News

The Multi-Billion Dollar Balancing Act: Is the Budget Still Under Control?

DEC 17, 202513 MIN

Description

Despite a $32 billion tax windfall, the government’s mid-year update shows no surplus in sight. Tom Storey and Deloitte’s Pradeep Philip break down the massive spending blowouts, rising interest on debt, and why a surplus remains elusive until 2035. Is this "responsible management" or a budget on the brink?See omnystudio.com/listener for privacy information.