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AAP
AAP
Politics
Colin Brinsden, AAP Economics and Business Correspondent

Don't expect surpluses for a while: Labor

Jim Chalmers says the budget Labor would inherit in government won't provide scope for surpluses. (AAP)

Like the Morrison government, Labor is not promising to return the federal budget to surplus any time soon should it win the upcoming May election.

Shadow treasurer Jim Chalmers says whether it's based on last week's budget or the most recent intergenerational report, it would be hard to anticipate surpluses for some time.

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