In this video, AMP Capital’s Head of Investment Strategy and Chief Economist, Shane Oliver explores the key things to watch in the upcoming Budget. He says that the reality is that government revenue is worse than expected and as a result we’re likely to see yet another blow out in size of the Budget deficit. We expect no major cut-backs to welfare and if there are any tax hikes, they’ll likely focus on areas where the people paying the tax don’t vote.
This video must be taken in its entirety and any given chapter viewed in isolation does not represent the entire message.
Hear it first
Our coverage of the 2015-16 Federal Budget will be available from 12:01am on Wednesday, 13 May 2015. Be among the first to access commentary from Shane Oliver, and a team of experts on what the Budget means for the economy and investment markets.
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Have a Federal Budget question you'd like to ask AMP Capital?
Submit your question or send Shane Oliver, Head of Investment Strategy and Chief Economist a tweet @ShaneOliverAMP with the hashtag #askAMPC
Responses will be posted on the ‘your questions answered page’.