Federal Budget sees us back in black, but for how long?
Written by Black Hot Fire Network on May 10, 2023
The ASX is poised to drop a fraction as the country wakes up to the first budget surplus since 2007. ASX futures were down 6 points, or 0.1%, to 7244 early this morning, while the dollar was trading 0.3% lower at 67.64 US cents.
Wall Street was similarly flat overnight, with the Dow even, the S&P 500 dipping 0.2% and the Nasdaq down 0.4%.
Back in black
Let’s look at what the Albanese Government, still in its first year in office, handed down in its second Federal . . .
