CANBERRA, ACT, Dec. 17 -- The Treasurer of Australia issued the following media release:
The Mid‑Year Economic and Fiscal Outlook strengthens the budget, reduces debt and continues the Government's responsible approach to economic and fiscal management.
The figures show a stronger budget position compared to the election and a much stronger budget compared to what we inherited from our predecessors.
This is the only mid‑year update on record that has delivered a better bottom line every year of the forward estimates, less debt in every year of the forward estimates and net policy decisions that improve the bottom line.
On this combination of measures, it is the most responsible mid‑year update on record.
It's a sensib...