Time for the coalition to loosen fiscal targets

Pressure on the Government’s fiscal position is increasing. (Image: Supplied)

Fri, 18 Oct 2024

Will, or when, will the Government pivot and loosen its stated fiscal objectives? Or will it double down on austerity? I suspect the former is coming. It is just a question of timing and how it’s packaged.Pressures on the Government’s fiscal position are intensifying. The challenges are structural, not just cyclical. Austerity is required, but it will become progressively difficult, meaning a change of tack and complementary strategy are needed.Investing in the essentials but with discipline could be an appropriate tagline...

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