'Not terrific': MYEFO forecasts budget deficits
Radio National Breakfast — Separate stories podcast - Un pódcast de ABC listen - Martes
Yesterday's mid-year economic update showed a modest improvement to this year's deficit, followed by a 22-billion dollar deterioration over the forward estimates - with a decade of higher budget deficits now on the cards. Chief Economist at EY Cherelle Murphy says the longer term story "remains quite worrying." Guest: Cherelle Murphy, Chief Economist at EY Producer: Max Chalmers