Australia's budget deficit for last financial year expected to be billions below forecast
Bloomberg reports Treasurer Jim Chalmers said figures due September 28 would show a smaller deficit for the previous financial year than projected in the May budget.
TLDR
Bloomberg, citing a video posted on X, reports that Treasurer Jim Chalmers said Australia's deficit for the previous financial year was “billions of dollars” smaller than forecast in the May budget. He said figures scheduled for release on Monday, September 28, 2026, would show the smaller shortfall.
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