ACT Budget shows Canberra doing better than optimistic projections, Andrew Barr says
TueTuesday 9
updated
TueTuesday 9
The ACT's Budget position has improved by $300 million in the past six months.
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Canberra has weathered the economic storm brought on by COVID-19 better than expected, ACT Chief Minister Andrew Barr has said, handing down a post-election Budget with few surprises apart from a significantly improved financial position.
Key points:
The ACT Budget has posted a deficit of $600 million — much better than projected six months ago
The Budget contains few surprises, and relies on Australia continuing to prevail against COVID-19