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New spending adds to debt and deficits with no end in sight – Sydney Morning Herald

On top of the response to the pandemic, long-term spending has been baked into the budget that will drive up future deficits…

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On Sunday, the government announced it would bring forward by four months its changes to childcare subsidies which it said would benefit about 250,000 families by $2200 a year.
But the changes will add hundreds of millions in extra costs to the budget for…

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