 Brisbane Times | Backdown on surplus takes pressure off rates Brisbane Times Shadow Treasurer Joe Hockey ... refused to guarantee a balanced budget in the first term of an Abbott government. Photo: Alex Ellinghausen. THE odds of more interest rate cuts have diminished as a result of the government's decision to abandon its pledge ... Labor exposed as Treasurer Wayne Swan breaks surplus promise The budget mea culpa is bad news for Swan but good for the economy Economists agree scrapping surplus better late than never |
