The Conversation

One sure thing for Tuesday's budget: the forecasts will probably be wrong

Author: The Conversation

Politicians may place a lot of weight on budget forecasts, but they're often based on incorrect assumptions.Lukas Coch/AAP

This year’s federal budget will again illustrate the difficulty for governments in making forward estimates in uncertain economic times.

Forecasting is even more challenging when the federal budget is consistently framed...

More...

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