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ASX 2008,200.0/AUD/USD0.6600/US 10Y4.20%/Gold US$/oz2,650/WTI Oil US$70.00/RBA Cash Rate4.35%/ASX 2008,200.0/AUD/USD0.6600/US 10Y4.20%/Gold US$/oz2,650/WTI Oil US$70.00/RBA Cash Rate4.35%/

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Federal Budget & Fiscal

MYEFO reveals surplus narrowing as commodity windfall fades

Treasury's mid-year update trims the forecast surplus, with lower iron ore and coal price assumptions doing most of the damage.

Tom Whitlock · 2d ago·5 min

Federal Budget & FiscalFree

Enough fiscal theatre — the budget needs honest numbers

Both sides lean on cyclically strong revenue to flatter the bottom line. Voters deserve the structural truth.

Hugh Mercer · 5d ago·5 min