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Treasury papers show pressure on surplus target

Documents show public sector wage demands could blow out the government's balanced budget.

Rob Hosking
Fri, 21 Nov 2014

Likely wage and salary increases over the coming year could scupper the government’s plans to achieve a budget surplus.

Documents obtained under the Official Information Act show a 1% rise in state sector wages.

A 1% increase would mean an extra $216 million a year spending, a 2% rise would mean

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Rob Hosking
Fri, 21 Nov 2014
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Treasury papers show pressure on surplus target
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