Government deficit figure has improved, but fiscal restraint important cover art

Government deficit figure has improved, but fiscal restraint important

Government deficit figure has improved, but fiscal restraint important

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 Treasurer Jim Chalmers has unveiled a mid-year budget update marked by fiscal restraint, highlighting a $5.4 billion improvement to the deficit alongside critical new funding for the CSIRO and community security. However, the outlook remains fraught as rising inflation threatens real wage growth and persistent spending pressures in childcare and the NDIS continue to squeeze the bottom line.
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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.