The Albanese government has Australia facing a budget deficit for the next 40 years

News24 host Paul Murray reacts to income growing exponentially, yet due to the Albanese government’s choices, Australia will be in a budget deficit for the next 40 years.

“Over the last five, six years how you’ve seen the best part of $500 billion worth of income start to move past $750 billion worth of income,” Mr Murray said.

“Despite the fact that that is the case, rather than having money left over, we have a government that has decided to make a series of choices, promises, that has put us into a structural deficit.

“For the next 40 years … the Treasury tells us we will be in budget deficit not the next one, not the next five, not the next 10 but the next 40 years.”