Chalmers upbeat on eve of budget despite grim debt outlook and jitters over Australia’s ‘fiscal firepower’ - short news
Tuesday’s budget will show Labor’s back-to-back surpluses giving way to a decade of deficits
Budget 2025 live updates: follow our Australia federal budget blogGet our breaking news email, free app or daily news podcastAustralia’s debt burden will continue to grow in this financial year, Treasury has confirmed, even as Jim Chalmers claimed credit for the country’s much stronger fiscal position than was predicted leading into the last election.
On the eve of Labor’s..
source: The Guardian - 24.03.2025