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Fact sheet

Fact Check: Was Labor responsible for 'a record deficit'?

Publisher
Liberal Party of Australia Fiscal deficit
Resources
Fact Check: Was Labor responsible for 'a record deficit'?
Description

Finance Minister Mathias Cormann claims Labor inherited a $20 billion surplus when it came into office in 2007 and then turned it into a record deficit.
Verdict: Wrong

Publication Details
Copyright:
Australian Broadcasting Corporation 2016
License type:
All Rights Reserved
Access Rights Type:
open
Post date:
26 May 2020

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