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The Canberra Times
The Canberra Times
National
Lucy Arundell

Financial deterioration 'entirely due' to ACT govt decisions, economist finds

An economist's review of the ACT government's finances has concluded "conscious policy decisions" to spend on services and infrastructure without raising revenue has led to the territory's deteriorating financial position.

Economist Saul Eslake has delivered his final findings on the ACT's fiscal sustainability in a brutal report criticising decisions made by the ACT government.

In the report's executive summary, Mr Eslake said the ACT economy had performed strongly compared to other states and territories over the past decade, making the government's worsening financial position "more surprising".

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