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Forecast ACT budget surplus for 2021-22 in doubt: audit

Forecast ACT budget surplus for 2021-22 in doubt: audit

Chief Minister Andrew Barr's forecast surplus for 2021-22 is on shaky ground with deficits expected over the next two financial years, while market volatility could take a toll on Treasury's coffers, an audit shows.

  • by Daniel Burdon

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Far from rosy, ACT budget at its weakest in a long time
Opinion
Opinion

Far from rosy, ACT budget at its weakest in a long time

With hospitals in crisis and schools performing poorly, the ACT budget is in trouble, with spiralling debt and the costs of light rail stage 1 yet to hit.

  • by Jon Stanhope & Khalid Ahmed
ACT budget $76 million better due to land sales timing

ACT budget $76 million better due to land sales timing

The Barr government has posted a much-improved budget bottom line for the September quarter, up $76 million largely due to land sales in Denman Prospect and delayed spending on capital works and elective surgeries.

  • by Daniel Burdon
Could a vertical school solve overcrowding in Canberra?

Could a vertical school solve overcrowding in Canberra?

The ACT's peak parents group wants to see the capital's first vertical school built along the light rail corridor.

  • by Chloe Livadeas & Sherryn Groch
Canberra's apartment boom biggest since records began

Canberra's apartment boom biggest since records began

Canberra's housing boom in the past decade is the biggest on record for the ACT and has created an oversupply of more than 6000 apartments in the city.

  • by Daniel Burdon
ACT investment up with light rail, but expected to slow next year

ACT investment up with light rail, but expected to slow next year

ACT government investment in infrastructure projects has risen 10 per cent in the past year, largely due to the stage one light rail project.

  • by Daniel Burdon
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Budget surplus an illusion hiding a problematic deficit
Opinion
Opinion

Budget surplus an illusion hiding a problematic deficit

The underlying budget is in deep deficit, and its sustainability and, indeed, the sustainability of priority services is problematic.

  • by Jon Stanhope and Adrian Makeham-Kirchner & Khalid Ahmed
Barr breaks stamp duty tax reform pledge: Former ACT Treasury official

Barr breaks stamp duty tax reform pledge: Former ACT Treasury official

Andrew Barr broke his pledge that tax reforms to abolish stamp duty would be 'revenue-neutral', a former senior Treasury official has claimed.

  • by Daniel Burdon
Foreign students, population boom fuelling ACT economic surge: report

Foreign students, population boom fuelling ACT economic surge: report

But Deloitte Access Economics has a warning for the territory as tensions with China rise.

  • by Doug Dingwall
Commission recommends some GST changes. They're not good for the ACT

Commission recommends some GST changes. They're not good for the ACT

Prime Minister Malcolm Turnbull was quick to reject the recommendations, which would see the ACT lose more than $900 million in GST revenue by 2026-27.

  • by Steven Trask
Economics review warns of 'tax leakage' from rates reform

Economics review warns of 'tax leakage' from rates reform

The Barr government is at risk of "tax leakage" as residents escape across the border to avoid rate rises, economic analysts have warned.

  • by Katie Burgess & Daniel Burdon

Original URL: https://www.smh.com.au/topic/act-budget-jly