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Treasury Warns the Government It May Not Balance the Budget or Meet Its Housing Targets

AUSTRALIA, JUL 13 – Secret Treasury advice warns Australia’s budget requires structural tax reforms and spending cuts after missing the 1.2 million home construction target, Treasury says tax rises are essential.

Summary by The Conversation
Kokkai Ng/GettyIn the runup to each election, federal treasury produces a “blue book” and a “red book”, with advice tailored to the priorities of the two alternative governments. One of these is given to the incoming government and the other is never released. Freedom of Information requests have generally resulted in only heavily redacted versions of the incoming government brief being made public. But this week, the table of contents was accid…

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Sons of Liberty Media broke the news in on Sunday, July 13, 2025.
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