Australia's combined budget deficit will grow by $14.9bn, fiscal outlook shows

Parliamentary Budget Office runs the ruler over state, territory and federal revenue and spending The combined budget deficit of commonwealth, state and territory governments is growing, thanks in part to an increase in infrastructure spending, new figures show. The Parliamentary Budget Office released its national fiscal outlook on Wednesday, running the ruler over the latest commonwealth, state and territory budgets, and mid-year budget updates, to reveal the size of government debt and defici...