NewsBite

Opinion

Chris Richardson

Lucky Chalmers is showered with budget rivers of gold

The surge of good news on revenues is temporary. The bad news on spending isn’t.

Peter Costello oversaw economic conditions that showered rivers of gold into Canberra’s coffers.

Yet, Costello rates a distant second to Lucky Jim Chalmers. The budget in October saw Treasury revise revenues up by $149 billion due to better than expected conditions, and next week’s budget should add another $96 billion or so to that.

Loading...
Chris Richardson is an independent economist.

Read More

Latest In Federal

Fetching latest articles

Most Viewed In Politics

    Original URL: https://www.afr.com/politics/federal/lucky-chalmers-is-showered-with-budget-rivers-of-gold-20230427-p5d3or