Jim Chalmers’ budget victory lap outpaces reality as Australia’s debt continues to climb
by Patrick Commins from World news | The Guardian 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
Get our breaking news email, free app or daily news podcast
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.
Continue reading...