#PEFO slap in the face for the Coalition
You have to salute the courage of Treasury secretary Martin Parkinson and Finance Department secretary David Tune. Under serious pressure from their next political masters to produce a set of numbers favourable to the Coalition, they have stood their ground.
The bottom line of their Pre-election Economic and Fiscal Outlook (PEFO) is effectively identical to the one published 11 days ago in the government’s economic statement. Where it differs, the forecast budget outcomes over the next four years is actually $209 million better than the previous estimate.
via These numbers are a slap in the face for the Coalition.
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