Australian Treasurer Hockey:

  • Says MYEFO to show deeper deficit
  • Seen widening to $A3.7bn
  • Return to surplus to be pushed back
  • MYEFO to be published on Monday
  • Spenind cuts to be announced Monday
  • Still planning company tax cut
  • Does not see broadening and increasing the GST as a ‘silver bullet’

Hockey on Sky News

This from earlier on today:Sky News reports the Australian government’s MYEFO set for release on December 15

(Link includes handy definitioon of what a MYEFO is … if you’re all like “WTF is a MYEFO?”)