Spend, spend, spend will be the order of the day

This week’s news from the Department of Finance that tax revenues for the year so far are buoyant should put springs in the steps of a few government backbenchers as they wind down for the next few weeks.

5th August, 2006

This week’s news from the Department of Finance that tax revenues for the year so far are buoyant should put springs in the steps of a few government backbenchers as they wind down for the next few weeks.

Of concern to more, however, will be the revelation that spending is almost 9 per cent below target. While a figure like this is not particularly unusual for the first half of a year, the...

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