Making those election numbers stack up: show us the money

Both the mainstream parties now need to do their numbers and show us how they stack up. (Image: Getty)

Wed, 13 Sep 2023

The headlines that came out after the pre-election economic and fiscal update (Prefu) were simple. The recession is over and a slog back to surplus is ahead, assuming there is some spending restraint.The reality is that inflation is a long way from being tamed, we may avert another recession thanks to strong migration, but the Treasury is projecting a population growth-adjusted recession, and deficits risk becoming the new norm.Fiscal headwindsWe're coming from a position of fiscal strength. The language from the Treasury refers to fiscal c...

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