Public Finances
Daniel Murray: Government has to put the brakes on runaway spending train
The government has consistently spent more than announced in its budgets over recent years
Something very strange has been happening to state’s public finances that hasn’t been getting much attention.
While there has been lots of talk about how tax revenues have exploded thanks to thriving multinationals based here, there has been less talk about the scale of overall spending increases by our government.
Spending has gone gangbusters, so much so that we should probably be talking about it a bit more. But we’re not, because corporate taxes have ...
