The end of big government budgets — what next?

The era of big surplus budgets ended with the global financial crisis in 2008-9. With both sides committed to paying down public debt, how quickly can the government move from borrower to saver? Grattan Institute CEO John Daley addressed the 2012 Economic and Social Outlook Conference on why governments face tough decisions in the years ahead.

View the full conference program and listen to a recording on the Melbourne Institute of Applied Economic and Social Research website.