Morrison argues ATO can act before tax law passes. But in PEFO officials said while many budget tax measures can be legislated later without affecting estimates they can often go ahead on that basis
Labor’s costings have been unveiled.
AAP/Mick Tsikas
Treasury is standing by the assumptions made in the federal budget.
The Pre-election Fiscal and Economic Outlook is prepared by the Treasurer’s advisers, but the Intergenerational Report is the Treasurer’s document.
Lukas Coch/AAP
Shadow Treasurer Joe Hockey and shadow Minister for Finance, Andrew Robb, have announced A$7.5 billion in planned budget savings from scrapping key elements of the Government’s Clean Energy Future package…
The economic costings from both parties rely on wildly optimistic PEFO figures.
AAP
The economic promises of both the Coalition and the ALP rely on two “big taxes”: the mining tax and the carbon tax. This week, the Coalition revealed what it believes it will save from abolishing them…
The Pre-election Economic and Fiscal Outlook, to be released today, began during John Howard’s term in government.
AAP/Bluey Thomson
The Pre-Election Economic and Fiscal Outlook report (PEFO) is a recent development in Australian politics. It emerged as part of the Charter of Budget Honesty Act 1998 during the first term of the Howard…