Labor’s third budget to post a surplus of $9.3 billion

May 14, 2024  · The third Chalmers’ budget will deliver a surplus of $9.3 billion for this financial year – the second successive surplus of the Albanese government.


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Labor’s Third Budget To Post A Surplus Of $9.3 Billion

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May 14, 2024  · The third Chalmers’ budget will deliver a surplus of $9.3 billion for this financial year – the second successive surplus of the Albanese government.

smartcompany.com.au

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Labor Unveils $9.3 Billion Surplus Ahead Of Budget Night

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Treasurer Jim Chalmers will deliver a $9.3 billion surplus when he hands down the Federal Budget on Tuesday night, as the Albanese government talks up its "responsible economic …

skynews.com.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  · 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 …

news.com.au

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Jim Chalmers’s Third Budget Will Have A Surplus Of $9.3 Billion For ...

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May 13, 2024  · But the forecast surplus is less than the $22.1 billion last financial year. Tuesday’s budget will show that compared to the December mid year budget update, there has been an …

nationaltribune.com.au

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Jim Chalmers’ Third Budget Will Have A Surplus Of $9.3 Billion For …

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May 13, 2024  · The third Chalmers’ budget will deliver a surplus of $9.3 billion for this financial year – the second successive surplus of the Albanese government.

theconversation.com

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Budget 2024: True Labor’s Avoidable Spend In $9.3bn Surplus

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May 13, 2024  · On the eve of the budget, Dr Chalmers revealed Treasury was forecasting a surplus of $9.3bn in 2023-24. The surplus has been driven by surging tax receipts fuelled by …

theaustralian.com.au

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Chalmers Targets Second Labor Term With Strategic Budget

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May 14, 2024  · The third Albanese Labor government budget is forecasting a surplus of $9.3 billion for 2023-24 to follow the prior year’s $22.1 billion surplus. It is largely on the back of …

thesaturdaypaper.com.au

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Opinion Piece: Consecutive Surpluses Proof Of Labor’s Responsible ...

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Oct 1, 2024  · For the year just gone, the budget position has improved by $72.3 billion compared to what we inherited, and the surplus is $6.4 billion bigger than the budget forecasts in May. …

treasury.gov.au

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Labor Confirms First Consecutive Surplus In 15 Years

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Sep 30, 2024  · Despite the good budget news, the paper also points out that Australia’s gross debt has climbed and on Friday reached a record $933.1 billion — though Labor will take …

crikey.com.au

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Jim Chalmers’ Third Budget Will Have A Surplus Of $9.3 Billion For …

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5 days ago  · The third Chalmers’ budget will deliver a surplus of $9.3 billion for this financial year – the second successive surplus of the Albanese government. This will be the first time there …

thetimes.com.au

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Budget Will Deliver A Surplus Of $9.3 Billion - Canberra CityNews

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The third Chalmers’ budget will deliver a surplus of $9.3 billion for this financial year – the second successive surplus of the Albanese government. This will be the first time there have been …

citynews.com.au

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Labor To Hand Down First Budget Surplus Since 2007 - Sky News …

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May 4, 2023  · The surging tax revenue from commodities and a growing number of people in work have helped fuel a $36.9 billion turnaround from the deficit predicted in Labor’s October …

skynews.com.au

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Jim Chalmers To Deliver First Consecutive Labor Budget Surpluses …

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Sep 29, 2024  · Chalmers and Finance Minister Katy Gallagher will on Monday reveal a $15.8 billion surplus for the just completed 2023-24 budget. That follows a surplus of $22.1 billion in …

smh.com.au

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Federal Budget 2024: Inflation Risk Despite $9.3bn Surplus - The …

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May 14, 2024  · Treasurer Jim Chalmers will hand down a $9.3bn surplus amid concerns Labor’s budget fuels inflation ... hand down a $9.3 billion in the black for 2023-24 in the federal budget …

themercury.com.au

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Chalmers To Be First Labor Treasurer To Deliver A Budget Surplus …

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Mar 31, 2023  · The underlying cash balance for February was positive $15.5 billion and for the year to date is in deficit to the tune of $12.9 billion more than $20 billion better than the …

skynews.com.au

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$9.3 Billion: Chalmers Lands The Surplus Double In Third Budget

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May 13, 2024  · The budget will also contain extra infrastructure spending, including $3.25 billion towards Melbourne’s north-east road link, $1.15 billion for a Sunshine Coast rail link and $1.9 …

smh.com.au

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Labor To Forecast First Budget Surplus In 15 Years - 9News

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May 9, 2023  · The $4 billion surplus to be forecast in tonight's budget comes as Treasurer Jim Chalmers delivers what the government has referred to as a "substantial cost of living …

9news.com.au

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Budget To Confirm A Surplus This Year, But Bigger Deficits For The …

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May 13, 2024  · The federal budget will deliver a $9.3 billion surplus for the current financial year, but the next three will each have higher deficits than the government had expected as recently …

abc.net.au

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Federal Budget 2024: Every Aussie Household To Get $300 Rebate

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Treasurer Jim Chalmers handed down his third budget on Tuesday night, with a back-to-back surplus of $9.3 billion for the first time in almost two decades.

news.com.au

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Autumn Budget 2024 (HTML) - GOV.UK

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Oct 30, 2024  · The current budget is in surplus by £9.9 billion in the target year, 2029-30, and the rule is met two years early. Net financial debt falls in the final year of the forecast with a £15.7 …

www.gov.uk

FAQs about Labor’s third budget to post a surplus of $9.3 billion Coupon?

How much surplus will the federal budget reveal in 2023?

In short: The federal budget will reveal a $9.3 billion surplus for the 2023-24 financial year, which ends next month. The next three years will all have larger deficits than expected in December. What's next? The budget will be handed down this evening. ...

Will labor post Australia's first budget surplus in 15 years?

The Albanese Labor government is expected to post Australia’s first budget surplus in 15 years next week, Sky News Australia can reveal. Jim Chalmers is expected to hand down the first budget surplus in 15 years on Tuesday night, which will mark the first time Labor has managed to get the budget in the black since 1989. ...

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. ...

How much money did labor save in 2023-24?

Since 2023-24 Labor says it has identified $77.4bn in budget savings ahead of the final budget outcome, including $12.2bn reported in the 2023-24 financial year. Treasurer Jim Chalmers said the $6.5bn surplus improvement was due to reduced spending. ...

Will labor forecast the first federal budget surplus in 15 years?

Labor is expected to forecast the first federal budget surplus in 15 years, on the back of a significant surge in revenue driven by soaring iron ore, coal and gas prices. ...

How much money has been saved in labor's first two budgets?

(AAP) The surplus has been achieved by banking roughly four in every five dollars of increased revenue this year, rising to 87 per cent across Labor's first two budgets. That comes in part thanks to $40 billion in saved or redirected spending across the two budgets, $17.8 billion of that coming this year. ...

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