Sentence examples for path to surplus from inspiring English sources

The report is rather scornful of the numbers within the budget and suggest the path to surplus is not as likely as that projected by Scott Morrison on 3 May.

The main reasons for the downgrade in outlook was S&P's lack of confidence that the budget's path to surplus was credible due to overly optimistic assumptions of iron ore prices and inflation, and a reliance on the so-called "zombie measures".

The country was nevertheless still on "a credible path to surplus", despite the price of iron ore almost halving since the previous budget and an A$52bn write‑down in tax receipts.

"So now we need to continue with our path back to surplus," the treasurer said.

Mr Hockey insists that the government is still on a "clear and credible path back to surplus".

The path back to surplus outlined in Tuesday's budget is driven mostly off the back of revenue growth.

It won't take many hiccups in the economy to disturb Hockey's strong revenue projections and with it the hopes for a smooth path back to surplus.

Whether they are fighting a debt and deficit disaster or charting a path back to surplus, Australian governments are on the hunt for savings.

And as a result, all those nice shiny figures in the May budget showing a path back to surplus are now just figments of Scott Morrison's imagination.

"Despite a strong rhetorical focus about finding expenditure savings, the government's own forecasts for a credible path back to surplus rely on a return to pre-GFC tax-to-GDP ratios".

But given the importance of revenue growth for charting the path back to surplus, and the high importance placed on strong income and company tax growth, it won't take many bumps in either the domestic or international economy to make that path rockier than Joe Hockey would like.