Turnbull Ends Age of Austerity in Dash to Middle Ground

  • Australia’s government splurges on roads, rail, education
  • Former banker introduces new levy on banks, raises health tax

Morrison Delivers Australian Budget: Full Statement

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What a difference three years make.

In 2014, as his government prepared to hand down its first budget, then Prime Minister Tony Abbott claimed Australia faced a “debt and deficit disaster” and demanded everyone do “his or her bit” to bring it under control.