Original article by David Uren
The Australian – Page: 4 : 3-May-18
A report released by the Business Council of Australia ahead of the Federal Government’s May 2018 Budget warns that achieving a surplus in 2020-21 is highly dependent on commodity prices remaining strong. The BCA also says Australia faces the prospect of large Budget deficits in the future unless action is taken to boost productivity. The employers’ group notes that growth in productivity has averaged just 1.2 per cent over the last decade.
BUSINESS COUNCIL OF AUSTRALIA, AUSTRALIA. DEPT OF THE TREASURY