Budget in better shape than predicted

By Colin Brinsden, Aap Economics and Business Correspondent
Updated May 23 2022 - 12:06pm, first published 12:02pm
Ratings agency S&P believes commodity prices will outperform federal budget assumptions.
Ratings agency S&P believes commodity prices will outperform federal budget assumptions.

The incoming Labor government will inherit a budget that is in better shape than was predicted just a few months ago, according to global credit rating agency Standard & Poor's.

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