Federal Budget
Budget good, but more needed: business
27 October
Peak business groups have hailed the Albanese government’s first budget as careful and cautious, but warn hard work lies ahead to shore up the economy. Business Council chief Jennifer Westacott said the Labor economic blueprint made the...[Read More]
Treasury 2022/23: Four year budget economic forecasts
26 October
Economic growth over the four years to 2025/26 is likely to be slower than predicted ahead of the May federal election, due to global challenges, high inflation and higher interest rates. KEY ECONOMIC FORECASTS IN 2022/23 BUDGET GDP (real, versus...[Read More]
Treasury to report on wellbeing progress
26 October
Australians will soon be able to see in fine detail how the nation is making progress on everything from women’s safety to a cleaner environment. Treasury is working on a report – to be known as the Measuring What Matters Statement...[Read More]
Federal budget 2022/23 at a glance
25 October
THE FEDERAL BUDGET AT A GLANCE * Budget deficit of $36.9 billion in 2022/23 * Commonwealth net debt to rise to $572.2 billion (23 per cent of GDP) in 2022/23 * Economic growth to rise by 3.25 per cent in 2022/23 * Unemployment rate of 3.75 per cent...[Read More]