tag:blogger.com,1999:blog-17639100.post5044023388594796982..comments2024-01-30T20:05:29.835+10:00Comments on Woolly Days: Wayne Swan hands down the recession budgetDerek Barryhttp://www.blogger.com/profile/15581505641163336050noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-17639100.post-80630010972557420282009-05-13T16:39:00.000+10:002009-05-13T16:39:00.000+10:00More light on why different media outlets reported...More light on why different media outlets reported different deficit figures. <br /><br />The Australian, the ABC, and most others reported the $57.6b figure which was the "underlying cash balance" (cash counterpart of the fiscal balance but excludes the earnings of the future fund).<br /><br />Meanwhile Crikey reported the $53.1b figure which was the "fiscal balance" (accrual counterpart of the underlying cash balance but is not adjusted for the earnings of the future fund).Derek Barryhttps://www.blogger.com/profile/15581505641163336050noreply@blogger.com