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Election Coverage Flat White

Budget 2025: out of ideas and full of fiscal analgesics

Keating predicted a Banana Republic and it is gradually coming true

26 March 2025

2:51 PM

26 March 2025

2:51 PM

Almost 39 years after Paul Keating said Australia was on the way to becoming a ‘Banana Republic’ this year’s Budget shows Australia has its sails set and is heading in that direction.

If the government were not so set on Net Zero, it might even be said to be ‘full steam ahead’.

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