Original article by David Uren
The Australian – Page: 7 : 19-May-16

The Department of the Treasury will release its pre-election economic and fiscal outlook on 20 May 2016. It is not expected to make any significant changes to the forecasts in the May 2016 Budget, although the outlook report is likely to highlight the risks to the Budget if the forecasts are not met. Slowing wages growth is looming as a key risk for the Budget, which has forecast wages growth of 2.25 per cent in 2015-16 and 2.5 per cent in 2016-17. Wages grew by just 2.1 per cent over the last year.

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