The Grattan Institute have released a report on what they want the Federal Government to do in order to rein in Australia’s structural budget deficit.

The pre-budget report indicates the country is on track for 25 years of deficits.

CEO of the Grattan Institute, Danielle Wood, spoke to Heidi Murphy, who is filling in for Tom Elliott, on the steps the government need to take to sort out the financial crisis.

Press PLAY to hear what can to be done to reduce spending and boost revenue

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