The study says that government spending has surged by 94 percent since 2014.
The governor said inflation was still too high.
‘Our focus is on making the right decisions for the right time,’ Finance Minister Katy Gallagher said.
Household saving ratio hit its lowest in years while government spending was up.
‘This quarter’s current account deficit reflects continued falls in bulk commodity prices and higher income paid to non-residents,’ ABS’s Tom Lay said.
The study says that government spending has surged by 94 percent since 2014.
The governor said inflation was still too high.
‘Our focus is on making the right decisions for the right time,’ Finance Minister Katy Gallagher said.
Household saving ratio hit its lowest in years while government spending was up.
‘This quarter’s current account deficit reflects continued falls in bulk commodity prices and higher income paid to non-residents,’ ABS’s Tom Lay said.