Original article by David Uren
The Australian – Page: 1 & 4 : 20-Jul-17
Federal Treasurer Scott Morrison will address a conference in Melbourne on 20 July 2017. He will note that key indicators – such as business and consumer sentiment, corporate profits and job advertisements – show that the Australian economy is gaining strength. Morrison will also caution against trying to return the Budget to surplus too quickly, as this could potentially stall economic growth. Meanwhile, Morrison argues that although Australia’s gross debt now exceeds $A500bn, it would be closer to $A1trn if the Australian Labor Party was still in office.
CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, UNIVERSITY OF MELBOURNE. INSTITUTE OF APPLIED ECONOMIC AND SOCIAL RESEARCH, RESERVE BANK OF AUSTRALIA, INTERNATIONAL MONETARY FUND