Australian federal budget: Treasurer Jim Chalmers’ budget bottom …

Q: Will Jim Chalmers spend a $64 billion tax windfall?

Connect with John on Twitter. Email John at jkehoe@afr.com Jim Chalmers has resisted pressure to spend a $64 billion tax windfall. The tougher test will be showing sustained fiscal discipline and getting the runaway NDIS under control.

5 days ago · The Australian treasurer has admitted the budget will be “a bit weaker” than forecast in May, as Deloitte warns of a record-breaking deterioration in the bottom line.

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Opposition Lashes Treasurer Jim Chalmers For Handing Down …

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May 14, 2024 · Mr Chalmers handed down the 2024-25 Federal Budget on Tuesday night, delivering back-to-back surpluses, $7.8 billion in cost of living assistance and $22 billion for the …

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Treasurer Jim Chalmers Will Hand Down The Federal Budget This …

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May 12, 2024 · Australia’s gross debt is still predicted to rise above $1 trillion, Treasurer Jim Chalmers has flagged, as the Albanese government faces calls to deepen spending cuts to …

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‘Proud’ Treasurer Points To Biggest Budget Turnaround ‘on Record’

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May 9, 2023 · A “very proud” Treasurer Jim Chalmers says the budget he will unveil within hours will show “the biggest budget turnaround on record”. Dr Chalmers will announce a slim $4 …

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2024 Budget Update - North Bergen

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Jul 5, 2024 · These compounding factors result in an estimated tax increase of 7.25% in the 2024 budget. North Bergen's state aid allocation was $8 million lower this year than last year, and if …

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FAQs about Australian federal budget: Treasurer Jim Chalmers’ budget bottom … Coupon?

Will Jim Chalmers spend a $64 billion tax windfall?

Connect with John on Twitter. Email John at [email protected] Jim Chalmers has resisted pressure to spend a $64 billion tax windfall. The tougher test will be showing sustained fiscal discipline and getting the runaway NDIS under control. ...

Will Chalmers' budget be a pre-election budget?

Chalmers's job for the next two months is to lower expectations about the surplus size. He has stated, 'There will not be big cash splashes in the budget, simple as that.' ...

Did 'Jim Chalmers' inherited a strong economy?

“Jim Chalmers inherited a strong economy with low levels of unemployment and, in fact, we’ve seen a deteriorating position since then.” While the government has been talking up the surplus, Tasmanian senator Jacqui Lambie said the improved budget bottom line didn’t mean much for people dealing with the increased cost of living. ...

Will the government's budget show a multi-billion-dollar improvement?

He says it will show a multi-billion-dollar improvement on forecasts from the previous government's budget in March. The deficit had been forecast to be $78 billion for this financial year. But on Tuesday Mr Chalmers will reveal it is expected to be less than half that at $36.9 billion. ...

How can a Labor treasurer help Australian households?

As a Labor treasurer, Jim Chalmers has delivered a range of programs designed to alleviate the growing financial pressures on Australian households. Power bill relief for 5 million households and 1 million small businesses form the centrepiece of the program, despite the constraints. ...