Labor records back-to-back budget surpluses - leadstory.com

Labor has posted the largest back-to-back budget surpluses on record, celebrating their latest final budget surplus at $15.8 billion. Despite Treasurer Jim Chalmerss claim that the numbers …


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Labor Records Back-to-back Budget Surpluses - Leadstory.com

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Labor has posted the largest back-to-back budget surpluses on record, celebrating their latest final budget surplus at $15.8 billion. Despite Treasurer Jim Chalmerss claim that the numbers …

leadstory.com

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Labor Delivers Biggest Ever Back-to-back Surpluses - Alp.org.au

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Sep 30, 2024  · The Albanese Government has delivered the first back-to-back surpluses in nearly two decades. Today’s underlying cash surplus of $15.8 billion (0.6 per cent of GDP) follows …

alp.org.au

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Labor To Confirm Final Budget Surplus Uplift From $9.3bn To $15.8bn

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Sep 29, 2024  · Labor to confirm final budget surplus uplift from $9.3bn to $15.8bn. Labor is set to reveal a budget first since the 2007-08, confirming a back-to-back budget surplus that …

news.com.au

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Labor Delivers Biggest Ever Back-to-back Surpluses

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Sep 30, 2024  · Today's underlying cash surplus of $15.8 billion (0.6 per cent of GDP) follows the $22.1 billion (0.9 per cent of GDP) surplus delivered in 2022-23. In dollar terms, these are the …

miragenews.com

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Treasurer Jim Chalmers Confirms Second Federal Budget Surplus

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12:14pm Sep 30, 2024. Jim Chalmers has confirmed the first back-to-back federal budget surplus in over 15 years. The Treasurer today announced a $15.8 billion budget surplus in a final …

9news.com.au

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The Government Has Recorded A Second Budget Surplus. Here's …

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Sep 30, 2024  · The surplus came in at $15.8 billion for the last financial year and marks the first time since the 2006-7 and 2007-8 budgets there's been back-to-back surpluses. With the …

sbs.com.au

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Back-to-back Budget Surplus - ABC Listen - ABC (Australian …

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Sep 30, 2024  · Peter Ryan: But the good news about a surplus won't last, with the budget most likely falling back into a deficit this year of $28.3 billion and more in the years to come. Prices …

abc.net.au

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Labor Delivers Biggest Ever Back-to-back Surpluses

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Sep 30, 2024  · The Albanese Government has delivered the first back‑to‑back surpluses in nearly two decades. Today’s underlying cash surplus of $15.8 billion (0.6 per cent of GDP) follows …

treasury.gov.au

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Jim Chalmers To Deliver First Consecutive Labor Budget Surpluses …

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Sep 29, 2024  · The result is a $29.7 billion improvement on the 2023-24 budget announced in May last year, and confirms Chalmers as the first Labor treasurer to deliver consecutive …

smh.com.au

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Jim Chalmers, Labor Boast Of Surplus. Who Gives A Stuff?

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Sep 30, 2024  · The Albanese government was once again “crowing” this morning, as it confirmed a $15.8 billion surplus for 2023-24 — the first back-to-back surplus since 2008, and the first …

crikey.com.au

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Labor Posts Back-to-back Budget Surplus I SBS News | SBS News

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Sep 30, 2024  · Labor posts back-to-back budget surplus. Published 30 September 2024, 2:56 am. The federal government has posted a second surplus with the budget bottom line $6 billion …

sbs.com.au

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Labor To Detail First Back-to-back Budget Surplus Since 2008

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Sep 29, 2024  · The news: The Albanese government will on Monday confirm a second consecutive budget surplus of $15.8 billion for the 2023-24 financial year, $6 billion more than …

capitalbrief.com

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Fact Check: Was Labor Responsible For 'a Record Deficit'?

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Jun 14, 2016  · The data shows the largest deficit Labor delivered was in 2009-10, at $54.5 billion in nominal terms. This equals 4.2 per cent of GDP. All of Labor's deficits as well as the …

abc.net.au

FAQs about Labor records back-to-back budget surpluses - leadstory.com Coupon?

Will labor reveal a budget first since 2007-08?

Labor is set to reveal a budget first since the 2007-08, confirming a back-to-back budget surplus that exceeded May forecasts by $6.5bn. New figures have revealed a significantly increased budget surplus of $15.8bn, allowing the Albanese government to claim the first back-to-back surplus in more than 15 years. ...

Did Jim Chalmers confirm the first back-to-back budget surplus in 15 years?

Jim Chalmers has confirmed the first back-to-back federal budget surplus in over 15 years. The Treasurer today announced a $15.8 billion budget surplus in a final economic update for the previous financial year. "This is a powerful demonstration of our responsible economic management," Chalmers said in a press conference. ...

Is Albanese claiming the first back-to-back budget surplus in 15 years?

New figures have revealed a significantly increased budget surplus of $15.8bn, allowing the Albanese government to claim the first back-to-back surplus in more than 15 years. The May budget had forecast a $9.3bn surplus for 2023-24, but that had been revised up to $15.8bn, according to the final budget outcome. ...

What is labor's underlying cash surplus?

Today’s underlying cash surplus of $15.8 billion (0.6 per cent of GDP) follows the $22.1 billion (0.9 per cent of GDP) surplus delivered in 2022–23. In dollar terms, these are the biggest back‑to‑back surpluses on record. This means Labor has delivered the largest nominal improvement in the budget position in a Parliamentary term. ...

Did the previous Labor government inherited a $20 billion surplus?

Finance Minister Mathias Cormann says the previous Labor government "inherited a $20 billion surplus and turned that into a record deficit". (AAP: Mick Tsikas) Labor has released its 10-year economic plan, with Opposition Leader Bill Shorten promising to return the budget to balance in the 2020-21 financial year if elected. ...

Is labor spending the key to a second surplus?

Finance Minister Katy Gallagher echoed Chalmer's message about Labor's spending being the key to the second surplus. "It's definitely the opposite of what you've been told this morning by the shadow Minister for Finance," she said. ...

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