Economist Blames ACT's Fiscal Deterioration Entirely on 'Policy Decisions'

Economist blames ACT's fiscal deterioration entirely on 'policy decisions'

An independent economist warns Canberrans will need to pay higher taxes and charges if the ACT government continues the same amount of spending on infrastructure and services.

Financial deterioration 'entirely due' to ACT govt decisions, economist finds

ACT's fiscal health has worsened due to policy choices and spending without revenue, economist Saul Eslake reveals. Learn why the territory is vulnerable.

Eslake report warns ACT vulnerable if budget trends continue

Canberra could become increasingly vulnerable to a financial crisis if recent budget trends continue, an independent report into the ACT’s fiscal sustainability has warned. The Select Committee on the Fiscal Sustainability of the ACT today published the final report of its specialist advisor, independent economist Saul Eslake. The report found that the ACT public sector’s financial position has significantly deteriorated over the past decade, pa…