So I just read this sentence in The Age:
Her almost three-year-old government has played by the rules: It has kept the national budget in, or close to, surplus, has conducted monetary policy credibly and has done more than others to tax the carbon emissions heating up our planet.
Wow. Kept the budget in or close to surplus? Really?
Just to remind ourselves here is the underlying cash balance from the latest MYEFO with the current expected deficit for this year substituted for the published figure.