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Government debt on its way to $606bn

Treasurer Scott Morrison's expansionary second budget, bankrolled by government receipts rising more than 6% per annum compared to expenditure rising by 4% per annum, sets Australia on the road towards a surplus by 2020 but one supported by record Commonwealth debt that by 2021 is projected to break $606 billion.

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Read more: Treasurer Scott MorrisonBudget 2017Future Fund