So just one week after bringing down the ACT budget, out comes the federal budget and back into the media goes Katy Gallagher to decry that lower GST forecasts have hoiked another $50M out of the ACT budget. And the staff, whose wages account for 47% of their expenditure are just going to have to hitch that belt up a bit further.
So there’s a question that just has to be asked (and wasn’t by Ross Solly this morning): why bring down a budget formed on obviously incomplete data? Why not make do their budget *after* the federal one? In fact, isn’t it poor accounting practice to try to frame a budget based on most likely incorrect foundation assumptions?