SBS On the Money: MYEFO: What it means for the economy and interest rates
SBS On the Money
English - December 13, 2023 06:35 - 12 minutes - 11.6 MBInvesting Business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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The government has delivered a lower budget deficit in its mid-year economic forecast, thanks to a strong labour market and commodity prices. Its mid-year economic update revealed government savings of around $12 billion. But real wage growth has slowed slightly more than expected, and there's no income or rent relief coming beyond existing measures.