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Home > Money News: Highlights > The Multi-Billion Dollar Balancing Act: Is the Budget Still Under Control?
Podcast: Money News: Highlights
Episode:

The Multi-Billion Dollar Balancing Act: Is the Budget Still Under Control?
Category: Business
Duration: 00:13:17
Publish Date: 2025-12-17 12:34:38
Description:

Despite a $32 billion tax windfall, the government’s mid-year update shows no surplus in sight. Tom Storey and Deloitte’s Pradeep Philip break down the massive spending blowouts, rising interest on debt, and why a surplus remains elusive until 2035. Is this "responsible management" or a budget on the brink?

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