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News Wire / economy

Australian Government Budget Deficit Lower Than Expected

Radio Gaucha Canberra 45d45d Impact 6
Australia's budget deficit for this year is slightly lower at $28 billion, while the budget is set to remain in the red over the forward estimates. Jim Chalmers stated Treasury has tried to give a sense of severity amid global uncertainty.

Topics

government budget economic outlook

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Sources · 7 independent

ABC Radio National

“This year's deficit is slightly lower at $28 billion, while the budgets set to remain in the red over the forward estimates.”

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