Chalmers skirts key budget deficit question
Jim Chalmers declined to directly answer whether a total of forecasted $122.1bn in deficits will increase in the mid-year budget update set to be released on Wednesday.
Jim Chalmers declined to directly answer whether a total of forecasted $122.1bn in deficits will increase in the mid-year budget update set to be released on Wednesday.
Australian treasurer Jim Chalmers says the budget will likely be blown out by billions in part due to funding this project.
The Reserve Bank has made a major call on the potential impact of Donald Trump’s second presidency on the Australian economy.
A sharp sell-off in banking and tech stocks pushed the Australian sharemarket into the red on Tuesday, even as the heavyweight mining sector soared.
The Australian sharemarket slipped on Wednesday as investors braced for a broader war in the Middle East.
The Australian sharemarket retreated from record highs on Tuesday on a sharp sell-off in the mining sector.
The Australian sharemarket notched a fresh record high on Monday on the back of a mammoth rally in iron ore prices.
Treasurer Jim Chalmers says a major move by China could be a game changer for a key sector of Australia’s economy.
The Albanese government is celebrating its budget surplus, but it’s still unclear when household budgets will get some reprieve.
The Albanese government is celebrating its budget surplus, but it’s still unclear when household budgets will get some reprieve.
Labor is set to reveal a budget first since the 2007-08, confirming a back-to-back budget surplus that exceeded May forecasts by $6.5bn.
Labor is set to reveal a budget first since the 2007-08, confirming a back-to-back budget surplus that exceeded May forecasts by $6.5bn.
The Australian sharemarket snapped a three-day losing streak on Thursday in a frothy rebound propelled by consumer stocks.
The OECD says the world economy is “turning a corner” on inflation and offers a bullish read on Australia’s outlook for 2025.
Original URL: https://www.themercury.com.au/business/economy/federal-budget/page/6