Sydney Morning Herald
International · 4 hrs ago
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A $1 billion surplus is forecast for Victoria. History says don’t hold your breath
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centreBias
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Accuracy 72/100
Partisan intensity 35/100
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Centre / Neutral ✓ Fair headline
Victoria's Treasurer projects a $1 billion budget surplus, but the headline raises questions about the reliability of the forecast given Treasury's historical track record of overoptimistic predictions.
A $1 billion surplus is forecast for Victoria. History says don’t hold your breath
Treasurer Jaclyn Symes insists the budget and the assumptions underpinning it are conservative, despite Treasury’s recent history of overly optimistic forecasts.
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