The Mid-Year Economic and Fiscal Outlook (MYEFO) shows this year’s federal deficit has improved by $5.8 billion compared to forecasts in the May budget, but it is still going to hit more than $23 billion.
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MYEFO: Federal deficit improves by $5.8b; $2.1b to be saved through higher education changes
Universities and new migrants are among those being targeted for savings to help the Government improve its budget position.
