SA now expects surplus: will issue less bonds in 2015/16

09 December 2015

 

Following the release of the South Australian Mid-Year Budget Review, the South Australian Government has published its amended funding programme for the year to June 2016. It was previously expecting to require $4.2 billion to cover maturing bonds and government spending but the figure has been revised down to $3.7 billion on the back of a now-expected 2015/2016 budget surplus of $400 million. Previously, the budget papers had been expecting...

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