No surplus in sight: Deloitte says budget billions worse than forecast as revenue crumbles

By Gareth Hutchens and Peter Martin
Updated November 30 2015 - 8:24am, first published 12:01am
Treasurer Scott Morrison said this month the government did not have "a revenue problem" if the term meant a need to tax people more in order to raise more revenue. Photo: Brendon Thorne
Treasurer Scott Morrison said this month the government did not have "a revenue problem" if the term meant a need to tax people more in order to raise more revenue. Photo: Brendon Thorne

The Australian budget is facing deficits $38 billion worse than forecast and on present settings will never return to surplus, an authoritative new analysis has found.

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