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The Guardian

Australia politics live: leading economists predict $33.5bn budget deficit for this financial year

The Guardian on
Australia politics live: leading economists predict $33.5bn budget deficit for this financial year



Deloitte Access Economics said it would be the biggest contraction in the budget’s underlying cash balance on record. Follow today’s news liveGet our breaking news email, free app or daily news podcastMore on that Deloitte report from AAPThe economists were hopeful inflation would keep a lid on election spending sprees, as cost-of-living support eases pain but injects money into the economy – adding to the problem it’s trying to solve. Continue reading…



Source link : https://www.theguardian.com/australia-news/live/2024/nov/26/australia-politics-live-budget-deficit-jim-chalmers-anthony-albanese-peter-dutton-question-time-social-media-ban

Author : Martin Farrer

Publish date : 2024-11-25 20:10:11

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Tags : The Guardian

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