The Federal Government’s finances have been exposed with the release of the Pre-election Economic and Fiscal Outlook (PEFO).
The PEFO, commonly known as the “state of the books”, will be the final budget update before the election on September 7.
Read more about PEFO on the Finance Department’s website.
Explainer: What is PEFO?
The Charter of Budget Honesty Act 1998 (the Charter) provides for the Secretary to the Treasury and the Secretary of the Department of Finance and Deregulation (the Secretaries) to release publicly a Pre-Election Economic and Fiscal Outlook report (PEFO) within 10 days of the issue of the writ for a general election. Such a writ was issued on 5 August 2013.
This page was last edited on 15 August 2013