*Final 2011-12 Budget Outcome a $43.7bn cash deficit [92]
The Treasurer Mon 24.9.2012, released details of the 2011-12 Final Budget Outcome. He said the Australian Government general government sector recorded an underlying [??] cash deficit of 3% of GDP ($43.7bn) for 2011-12. Total taxation receipts for 2011-12 were around $290m higher than forecast in the 2012-13 Budget. However, there was a “hefty fall” of…