| A new report argues the federal Budget should already be in surplus by at least $15 billion at this stage of the economic cycle, and blames Treasury and the Howard Government for not saving more by setting up a sovereign wealth fund.
Canberra-based economic consultant Macroeconomics said the windfall gains from the mining boom prior to the global financial crisis (GFC) should have been quarantined in some sort of sovereign wealth fund...............................................Full Article: Source
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