Federal Treasurer Jim Chalmers warns a "tricky" budget balancing act with Australia's slow economy and rising inflation.

Federal Treasurer Jim Chalmers warns the next budget will be a "tricky" balancing act as Australia's economy remains slow and inflation continues to rise above target. The Australian economy grew at a sluggish 0.2% in the December quarter, while inflation reached 4.1% in the 12 months to December. Budget repair remains a priority for the government ahead of its third edition.

March 06, 2024
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