Federal Budget deficit lower than forecast - ABC listen

Federal Budget deficit lower than forecast - ABC listen

The federal budget deficit for the last financial year is nearly $18 billion lower than originally forecast.

Y Media Newsroom: Australian budget outcome shows deficit over $11 billion lower than forecast - South Asian Daily

Sydney, Sep 29 – The Australian government released the final budget outcome for the 2024-25 financial year on Monday, with a final deficit of about 18 billion Australian dollars (about 11.8 billion US dollars), lower than previously forecast. Treasurer Jim Chalmers and Finance Minister Katy Gallagher handed down the annual budget outcome on Monday, revealing a final underlying cash deficit of just under 10 billion Australian dollars, or 0.4 per…