It'll be a 'tough road ahead' to get the budget back on track

By Noel Whittaker
Updated June 3 2022 - 2:30am, first published 2:00am
It's been 21 years since Australia had a surplus budget. Picture: Shutterstock.

A new government is in power and like all previous incoming governments, has discovered that the financial position is much worse than they expected and severe remedial action must be taken.

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