A bleak economic outlook with a surplus even more distant than expected.
Treasury says our exit from deficit will be delayed - as it today releases its operating balance forecasts, including the ACC.
The deficit is expected to deepen more to a high of $16.9 billion dollars and not narrow to $60 million until the 2029-2030 financial year.
Infometrics Principal Economist Brad Olsen joined the Afternoons team to discuss further.
LISTEN ABOVE

Full Show Podcast: 11 September 2026
1:56:18

Dai Henwood: Long suffering Warriors fan on the season and tomorrow's game
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Full Show Podcast: 10 September 2026
1:56:27