Jim Chalmers’ budget victory lap outpaces reality as Australia’s debt continues to climb
by Patrick Commins from on (#70D5P)
The treasurer celebrated an outcome that could have been worse, but a structural challenge remains as workers are left with the burden of repair
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It's official, Jim Chalmers has not managed the budgetary equivalent of a three-peat".
After delivering two straight surpluses, Monday's final budget outcome confirmed the country's finances slumped to a deficit of $10bn in 2024-25.
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