ABC News – Australia · australia
A budget 'leak' so good, the journalist's editors didn't believe it
2 hours ago
In 1954, journalist Hal Myers secured a comprehensive pre-budget leak that left editors at the Sydney Morning Herald skeptical. Treasurer Arthur Fadden revealed ten main points of the budget during a reception, dismissing rumors of a restoration of initial depreciation allowances. This incident highlights the intense pressures of media speculation leading up to Australian federal budgets.
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