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Oliver's Insights - The 2018-19 Australian Budget – saving a windfall with the hope of (decent) tax cuts to come

Shane Oliver, Head of Investment Strategy and Chief Economist.

The attached note looks at the 2018-19 Budget. The key points are as follows:


  • The 2018-19 contains a small welcome boost to households and keeps the budget on track for a surplus.
  • The main risk is that the revenue boost seen this year is not sustained & the budget continues to have relatively optimistic assumptions regarding revenue growth.
  • The impact on the RBA and shares is likely minimal.



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