Original article by Jacob Greber
The Australian Financial Review – Page: 4 : 18-Sep-15
The Australian Government will release the final Budget figures for 2014-15 on 21 September 2015, but Treasury Joe Hockey has revealed that government spending for the fiscal year was around $A3bn lower than expected. Hockey has also told Parliament that net government debt for 2014-15 was $11.5 billion below expectations at $A238bn. The Government is set to post a Budget deficit for 2014-15 of about $A38bn. Hockey is expected to be replaced as Treasurer following the leadership change.
CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF SOCIAL SERVICES