Surplus: Bottom Line and Adelaide Hospital

surplus: The forecast builds on a similar surplus for 2015/16, the first since 2009/10, with the bottom line boosted by a 43 million saving from delays in opening the new Royal Adelaide Hospital and a higher contribution from the Motor Accident Commission, according to Nine News Australia. The surplus is also expected to rise to 383 million in 2017/18, 424 million in 2018/19 and 456 million in 2019/20, with the economy growing about three per cent each year. The government expects to post a 300 million surplus for 2016/17, a 46 million improvement which was revealed in the mid-year budget review on Friday. Treasurer Tom Koutsantonis said despite the good numbers, challenges remained including the possible loss of Australia's AAA credit rating and the looming closure of car maker Holden in 2017. Now is the time to make sure we can show we have the ability to live within our own means, he said. Now is the time to make sure we have headroom. (news.financializer.com). As reported in the news.