The Conversation

Budget explainer: what is a structural deficit and why does Australia have one?

Author: The Conversation

Fundamental shifts in the Australian economy have resulted in structural budget deficitwww.shutterstock.com

By cutting through the buzz and spin surrounding the federal budget, The Conversation’s budget explainers arm you with the key terms and facts needed to understand the budget and what it means for you.

A budget deficit is the difference...

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