In a heated exchange during parliamentary questioning, the Reserve Bank of Australia admitted it has not modelled the economic impact of reducing federal government spending. 

Economic futurist Evan Lucas joined Jason Matthews on 4BC Breakfast to analyse the fallout, explaining that while the central bank cites a lack of resources, real fiscal reform would require tackling major budget line items like the age pension and welfare.

In a heated exchange during parliamentary questioning, the Reserve Bank of Australia admitted it has not modelled the economic impact of reducing federal government spending. 
Economic futurist Evan Lucas joined Jason Matthews on 4BC Breakfast to analyse the fallout, explaining that while the central bank cites a lack of resources, real fiscal reform would require tackling major budget line items like the age pension and welfare.

If it's happening in Brisbane, you'll hear about it first on 4BC Breakfast.

If it's happening in Brisbane, you'll hear about it first on 4BC Breakfast.