Budget hole opens up

By Mark Kenny, Anne Davies
Updated May 26 2014 - 8:14am, first published 8:00am
Plenty to think about: Prime Minister Tony Abbott and Treasurer Joe Hockey. Photo: Alex Ellinghausen
Plenty to think about: Prime Minister Tony Abbott and Treasurer Joe Hockey. Photo: Alex Ellinghausen

The Abbott government is facing an early budget shortfall because it has no hope of passing many of its key measures through the existing Senate and members of the new Senate, starting on July 1, have said they will not support retrospective or backdated legislation.

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