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ACT Budget shows Canberra doing better than optimistic projections, Andrew Barr says – ABC News

Canberra has weathered the economic storm brought on by COVID-19 better than expected, ACT Chief Minister Andrew Barr says, handing down a post-election Budget…

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Canberra has weathered the economic storm brought on by COVID-19 better than expected, ACT Chief Minister Andrew Barr has said, handing down a post-election Budget with few surprises apart from a significantly improved financial position.
Key points:

  • The ACT Budget has posted a deficit of $600 million much better than projected six months ago
  • The Budget contains few surprises, and relies on Australia continuing to prevail against COVID-19
  • Rates are set to rise by 3.75 per cent per year, but the Government…

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