Economic Insights – May 2012 – Federal Budget 2012/13: Surplus or bust

Australia’s Budget – Federal Budget 2012/13: Surplus or bust

Making Sense of it
The Federal Budget is hardly the most riveting document you are ever likely to read. Sure you
know it’s important, but the problem is that it’s a huge document with countless facts, figures and
tables. And when it comes to analysis, economists seem to be writing for other economists; and
accountants writing for other accountants.

It’s always important to remember that it is just a budget, the same that any household or
company would prepare. Assumptions are made; forecasts are taken.

Read more here


And for those who would prefer the simplified version of information with more pictures and bolder headings – Read here