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?

Despite a $32 billion tax windfall, the government&rsquo;s mid-year update shows no surplus in sight. Tom Storey and Deloitte&rsquo;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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Money News &mdash; the most respected business program on radio.
If you crave the latest insights into super &amp; small business, interest rates &amp; investment, and economics &amp; e-commerce, then the team at Money News has everything you need to know.
Add your voice to the conversation Monday to Thursday 7pm to 8pm by calling 131 873, texting 0460 873 873, or emailing <a href="mailto:moneynews@2gb.com">moneynews@2gb.com</a>

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