Treasurer Jim Chalmers has delivered a record budget surplus of more than $22 billion. The final figure was revised up from the May budget due to surges in tax revenue and higher commodity prices.
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Jim Chalmers’ budget surplus ‘just dumb luck’Treasurer Jim Chalmers’ budget surplus of $22.1 billion is “just dumb luck”, according to former Howard government minister Peter McGauran. His comments come after Labor announced Australia’s first surplus in 15 years. “Coal and gas income is through the roof, personal income tax is up because there’s a lower number of people unemployed and company profits are up,” Mr McGauran told Sky News Australia. He said the surplus came down to being “all receipts”. “Has there been any reform or restructure of the tax system? No. Has there been any productivity gains? No. Has there been giving into the unions on everything? Yes.”
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Treasurer promises a secure, fairly paid job for everyone who wants oneHaving revealed the first budget surplus in 15 years, Treasurer Jim Chalmers will on Monday release the employment white paper, with a new goal for jobs.
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Treasurer promises a secure, fairly paid job for everyone who wants oneHaving revealed the first budget surplus in 15 years, Treasurer Jim Chalmers will on Monday release the employment white paper, with a new goal for jobs.
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Treasurer promises a secure, fairly paid job for everyone who wants oneHaving revealed the first budget surplus in 15 years, Treasurer Jim Chalmers will on Monday release the employment white paper, with a new goal for jobs.
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Tax bounty delivers record $22b budget surplusTreasurer Jim Chalmers will unveil a record final surplus of $22 billion for last financial year, the largest ever in dollar terms.
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Chalmers unveils record $22.1 billion surplusTreasurer Jim Chalmers has hailed the Albanese government's 'responsible economic management' as he unveiled a $22.1 billion Budget surplus.
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