Treasurer Jim Chalmers says the NDIS and interest costs “remain the most prominent” spending pressures in Australia.
“The welcome improvement to our short-term position won’t make all of our structural spending pressures go away,” Mr Chalmers said during a National Press Club address on Wednesday.
“But those two fastest growing areas are also now the most prominent areas of improvement and progress.”
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Federal budget 2023: what we know so far about treasurer Jim Chalmers’ budgetFrom welfare to health, childcare and housing, Guardian Australia examines what has been revealed about the Albanese government’s budget
Read more »
Federal budget: Treasurer Jim Chalmers heralds ‘biggest turnaround on record’Federal treasurer Jim Chalmers says a stronger labour market and improved wages has boosted revenue more than higher commodities, but he won’t be rolling out a ‘Back in Black’ mugs; Follow updates live.
Read more »
Treasurer Jim Chalmers will go down ‘on the record’ for delivering surplusWhile the Opposition claims anyone could have delivered a budget surplus, this feat by Treasurer Jim Chalmers will go “down on the record”, says the Australian’s Wealth Editor James Kirby. “It’s a surplus and it hasn’t been managed for quite a long time, so it’s going to go down on the record,” Mr Kirby told Sky News Australia. “Whatever else, the public will remember it, they will remember that this Treasurer came in with a surplus in his first budget, his first real budget was a surplus. “Whatever way you slice or dice it, it’s a surplus and it will be, I think, imprinted on public imagination for a while.”
Read more »
WATCH LIVE: Treasurer Jim Chalmers delivers budget speechTreasurer Jim Chalmers is set to deliver his second budget speech and hand down Australia’s first budget surplus in 15 years. Watch Sky News Australia for full coverage and expert analysis from 6pm AEST.
Read more »
Budget 2023 live updates: Jim Chalmers forecasts first budget surplus in 15 years but economic growth expected to slowA government source has confirmed the rate of JobSeeker, Austudy and Youth Allowance will all be increased in tonight's budget, while there will also be additional support for renters. Follow all the action live.
Read more »