How it began v how it’s going: 2024 budget shows limits of financial forecasting
Australia’s financials have generally improved compared with forecasts made a year ago but there are threats to the country’s outlook lurkingFederal budget 2024 reaction – live updatesExplore all of our 2024 budget coverageBudget: the six graphs you need to seeGet our morning and afternoon news emails, free app or daily news podcastFinancial forecasting is difficult at the best of times, let alone during a period marked by persistent inflation against a backdrop of global economic unease.But forecasts still provide a framework for governments to build their policy and spending plans around. Australia’s financials have generally improved compared with forecasts made a year ago but there are more than a few threats to the country’s outlook lurking.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading...
Australia’s financials have generally improved compared with forecasts made a year ago but there are threats to the country’s outlook lurking
- Federal budget 2024 reaction – live updates
- Explore all of our 2024 budget coverage
- Budget: the six graphs you need to see
- Get our morning and afternoon news emails, free app or daily news podcast
Financial forecasting is difficult at the best of times, let alone during a period marked by persistent inflation against a backdrop of global economic unease.
But forecasts still provide a framework for governments to build their policy and spending plans around. Australia’s financials have generally improved compared with forecasts made a year ago but there are more than a few threats to the country’s outlook lurking.
Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading...
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