%T Budget pressures on Australian governments %A John Daley %I Grattan Institute %D 2013 %K Policy, %K Economics %U https://apo.org.au/node/33730 %X Australian government budgets are under pressure. In the next 10 years, they are at significant risk of posting deficits of around 4 per cent of GDP. That means finding savings and tax increases of $60 billion a year. This alarming task is not impossible, but it will require tougher choices than those made over the la st decade. %9 Report