Saul Eslake ANZ Bank

Tasmania is the only state expecting to incur net operating deficits in its general government sector over the next four years to 2009-10, although NSW will do so in 2006-7 and the ACT is also expected to incur operating deficits in this and each of the following three fiscal years

Read more, download here: 2006-07_Mid-Year_Budget_Review.pdf