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Australian federal govmt budget Tuesday - expected to show the first surplus in 15 years

Due at 7.30pm Syney timewhich is 0930 GMTand 0530 US Eastern timeTreasurer Jim Chalmers (we should start calling him Lucky Jim) will deliver the budget Tuesday evening Australian time. its expected to show the first budget surplus in 15 years, circa AUD4bn (there was a deficit projected of AUS36.9 billion in October 2022)government receipts have ballooned on tax windfalls from higher commodities prices and wagesChalmers will offset some of this with cost-of-living relief amid high inflation hitt... Read More

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Tuesday

Expected

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First

Surplus

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Posted: May 8 2023, 21:32

Author Name: forexlive

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