Six On The Trot

15 Feb

Latest news:

The federal government’s fiscal position continues to deteriorate, with new data showing a $22 billion deficit in the six months to December 2012.

The government originally forecast a $1.077 billion surplus for 2012/13.

Well done Wayne. That’s six on the trot.

Mega deficits, that is.

In other news, the government’s gross debt is now $260 billion … and they’re scheduled to borrow another $2.45 billion next week.

UPDATE:

Click to enlarge

Click to enlarge

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