The Federal Government has turned the spending tap back on, signalling the end of the revenue drought since the GFC and the end of the mining investment boom.

Australia is in a much stronger economic position than it was a year ago, but question marks remain over the sustainability of new spending promises and
whether business tax cuts will make it through the Senate.

If the Turnbull Government chooses to call an election this year, voters will want to be satisfied that business conditions that underpin spending promises reaching a decade into the future are more than a temporary phenomenon, and that a recent lift in tax revenues is not a passing trend.