Five months of spending demands are more than actual increase of six years

I blogged last week how various lobby groups and political parties had made $8.4 billion of spending demands in the five months since the Budget.

Well by coincidence that is just about the level of actual increases over the last six years. So five months of demands (and I probably missed some) are at the same level of actual increases over six years.

2008/09 core crown expenses were $63.7 billion and in 2014/15 they were $72.3 billion.  An increase of $8.65 billion. That is less than just the last two years of Labour which saw spending go up $9.95 billion.

The reasons we are back into surplus is because of six years of fiscal restraint.

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