ACT Budget lockup descends to new levels of farce

johnboy 5 June 2012 4

Budget lockups are an anachronist joke that’s come down to us from the days when interest rates were announced as part of the Commonwealth budget (and thus would actually impact financial markets).

But the ACT Budget lockup has taken it to new levels with Andrew Barr facebooking photographs from the lockup. Followed by the ABC on their beloved Twitter.

This on top of the high speed spinning of pre-announcements for the last week.

Media reporting is supposed to commence from 3pm but the ABC are saying they’re going from 2.30pm.

We’ll let you know when the information is available to all and, free of the lockup brainwashing, online.


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4 Responses to ACT Budget lockup descends to new levels of farce
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Mothy Mothy 2:12 pm 05 Jun 12

2:30 – The ABC are optimists, most in the Financial Markets will be reading the RBA decision about then.

Mysteryman Mysteryman 1:52 pm 05 Jun 12

While we’re on the issue of budget, how has this not been posted yet?

http://www.canberratimes.com.au/act-news/barr-plans-for-budget-deficit-of-300m-20120604-1zsgs.html

Chop71 Chop71 1:51 pm 05 Jun 12

More spin than Warnie

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