Part 3: Fiscal strategy and outlook

An underlying cash deficit of $197.7 billion (9.9 per cent of GDP) is estimated in 202021, improving to an estimated deficit of $66.0 billion (3.0 per cent of GDP) in 202324. This is an improvement of $15.9 billion in 202021 compared with the 202021 Budget, largely due to the lower take up of demanddriven programs such as JobKeeper and ... ................
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