ACT Budget / Time to tackle the debt, says 'cautious' chamber
Canberra Business Chamber CEO Graham Catt. AS government debt grows, with this year’s budget deficit at $603 million, the Canberra Business Chamber says now is the time to develop a longer-term fiscal plan for the territory. Chamber CEO Graham Catt has “cautiously welcomed” the government’s Budget saying: “As we move into a recovery phase, it is also important for business confidence that we see a detailed strategy to return the budget to balance and start repaying debt. “Many ACT businesses were hard hit by COVID-19, and many jobs were lost. Now we’re in a recovery phase we nee...