Bookmaker Tipping Labor Will Fail To Deliver A Surplus Budget

The 2012-13 Federal budget has firmed from $1.40 into $1.30 with online bookmaker sportsbet.com.au to be in deficit at the end September 2013.

The budget ending in a surplus has drifted from $2.30 to $2.60.

“Punters are adamant that the budget will be in deficit,” said sportsbet.com.au’s Ben Hawes. “There has been no interest in the $2.60 on offer for it to be in surplus.”

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,h3>Will the Federal Government’s 2012-2013 budget be in surplus or deficit?

(Market determined on the underlying cash balance in the Final Budget Outcome tabled in the parliament by the end of September 2013)
$1.30 Deficit (in from $1.40)
$2.60 Surplus (out from $2.30)