Australian leader promises first budget surplus in a decade

Japan's Prime Minister Shinzo Abe visits Australia
FILE PHOTO – Australia’s Prime Minister Scott Morrison speaks during the INPEX Gala Dinner in Darwin, Australia November 16, 2018. David Moir/Pool via REUTERS

November 27, 2018

SYDNEY (Reuters) – Australia’s conservative government will deliver in April the country’s first budget in a decade with a surplus, Prime Minister Scott Morrison said on Tuesday.

Morrison said his government will deliver its annual budget proposal on April 2, earlier than its traditional date in early May.

The moves comes as Morrison’s government readies for a federal election due by May.

The new budget year begins July 1.

(Reporting by Colin Packham; Editing by Richard Borsuk)

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