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AAP
AAP
Politics
Colin Brinsden, AAP Economics and Business Correspondent

Smaller deficits even as treasurer spends

Josh Frydenberg's fourth budget boasts the largest improvement to the bottom line in 70 years. (AAP)

Josh Frydenberg's fourth budget boasts the largest and fastest improvement to the bottom line in more than 70 years, with $100 billion worth of reductions in deficits projected until 2025/26.

A stronger than expected economy, record numbers of people employed and a spike in commodity prices has also allowed the treasurer to shell out billions of dollars in spending, including on the much spruiked household support package.

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