budget headache worsens as forecasts to blow out by $9.6bn within four years /

Published at 2016-02-03 08:57:30

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Independent parliamentary budget office reveals impact of measures yet to pass parliament but already factored into the bottom lineThe Turnbull government’s budget forecasts will blow out by $9.6bn over the next four years,or $44.7bn within a decade, whether it fails to clinch parliamentary approval for stalled savings measures, or unusual figures show.
A report by the independent parliamentary budget office (PBO) reveals the cumulative impact of measures that are yet to pass parliament but are already factored into the budget bottom line.
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Source: theguardian.com