Australian government announces a small shift in the fiscal deficit and it was if the sky was falling in

Created
Thu, 19/12/2024 - 18:31
Updated
Thu, 19/12/2024 - 18:31
Yesterday (December 19, 2024), the Australian government published their so-called – Mid-Year Economic and Fiscal Outlook 2024-25 (MYEFO) – which basically provides an updated set of projections and statuses of the fiscal position six months after the major fiscal statement was released in May. One would have thought the sky was falling in given the…