The current stated fiscal policy of both major Australian political parties is to:

Question

Quizplus · Accepted Answer

Both major Australian political parties have a stated goal of achieving a budget surplus over the course of the business cycle, meaning that they aim to balance the budget over time rather than in the short term. This allows for deficits during times of economic expansion and the ability to increase spending during downturns without risking long-term fiscal sustainability.

The Current Stated Fiscal Policy of Both Major Australian Political