While you’re here… help us stay here.

Are you enjoying open access to policy and research published by a broad range of organisations? Please donate today so that we can continue to provide this service.

Fact sheet

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

Liberal Party of Australia Fiscal deficit

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
License type:
All Rights Reserved
Access Rights Type: