The Australian 1986- 1987 Budget

Paper Summary:

This paper on the Australian budget discusses the Fringe Benefit Tax, health reductions, defence budgets and other effects of budget schemes. It also looks at how it effects the society.

From the Paper:

"The 1986-87 Australian Budget Report is one which has arrived in a period where a three year economic growth pattern has dropped; there is a fall in the Australian exports and the earnings from them. The Budget had a 7% actual rise in spending, with a zero rise in real terms; so giving no reduction. It was satisfying for some people and disappointed for others."

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