Real budget black holes loom – The Australian

Sky News Australia

Real budget black holes loom
The Australian
SURPRISE post-election "budget black holes", in quotation marks, have been largely rendered an historical curiosity of the 1980s and 90s by Treasury's PEFO and, more generally, Peter Costello's Charter of Budget Honesty which created that mandatory ...
Budget documents show $18.8 billion deficit in 2012/13Sydney Morning Herald

Final figures show last year's budget deficit $543m lower than expectedABC Online
Budget deficit of $18.8 billionSky News Australia

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