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Budget is in ‘better nick’ says Chalmers. These 8 charts say otherwise

Michael Read

With an election expected to be called as soon as Friday, Treasurer Jim Chalmers’ budget lands at a critical political moment.

The treasurer says the budget is in “much better nick” after the Albanese government’s first term, as Labor tries to woo voters in a campaign that will be fought squarely on economic management and the cost of living.

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Michael Read is the Financial Review's economics correspondent, reporting from the federal press gallery at Parliament House. He was previously an economist at the Reserve Bank of Australia and at UBS. Connect with Michael on Twitter. Email Michael at michael.read@afr.com

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    Original URL: https://www.afr.com/policy/economy/budget-is-in-better-nick-says-chalmers-these-8-charts-say-otherwise-20250326-p5lmki