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Men's Weekly

the cuts, the spends, and that big deficit in 7 charts

  • Written by Wes Mountain, Multimedia Editor
the cuts, the spends, and that big deficit in 7 chartsWes Mountain/AAP

The budget deficit is projected to hit $213.6 billion, a record 11% of GDP, before winding back:




Instead of falling, as predicted in the last budget, debt will climb:



There’s spending and tax cuts a plenty:




It’s expected to bring about a bounce-back in economic growth:



But much depends on the assumptions, including a...

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