Australia launches generous spending spree but budget contains worrying forecasts

The ruling Coalition's big-spending budget included lavish spending on virtually every segment of Australian society.
The ruling Coalition's big-spending budget included lavish spending on virtually every segment of Australian society.PHOTO: BLOOMBERG

SYDNEY - Every year, Australian media outlets summarise the federal budget by publishing tables which show "the winners and losers".

This year, however, they had a problem: It was almost impossible to find any losers.

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