Lucas's surplus threatened by fresh GST writedown

Rob Lucas’s razor-thin budget surplus has been effectively wiped out by a fresh writedown in GST revenues, with this morning’s federal update slashing the state’s receipts by $136 million in the current financial year.

Lucas defiant after massive budget hit

UPDATED | Treasurer Rob Lucas insists he will still be able to deliver “a modest surplus” in his next budget, despite conceding a dramatic $577 million write-down in Commonwealth GST revenues over the next four years which will send him scrambling for savings.

Treasurer Scott Morrison. Photo: AAP/Lukas Coch

Two big political problems buried in budget update

Treasurer Scott Morrison’s mid-year budget update includes two big political headaches for the Turnbull Government, writes John Edwards.

Debt to swell under the Coalition: mid-year budget update

Treasurer Scott Morrison has unveiled a mid-year budget update with a smaller deficit than the government forecast earlier in the year, but national debt will rise regardless.

MYEFO

Lucas's surplus threatened by fresh GST writedown

Lucas defiant after massive budget hit

Two big political problems buried in budget update

Debt to swell under the Coalition: mid-year budget update