Jim Chalmers set to forecast first budget surplus in 15 years

The federal budget is forecasting a near $4 billion surplus for this financial year and smaller deficits over the forward estimates.

Ο υπουργός Εθνικής Οικονομίας, Τζιμ Τσάλμερς

The federal budget is predicted to dip into the black this financial year, which if it eventuates, will be the first time a surplus is recorded in 15 years.

Treasurer Jim Chalmers will on Tuesday unveil updated forecasts, with a near $4 billion surplus predicted for 2022/23.

The treasurer's second budget will unveil smaller deficits than forecasted, with a $143 billion reduction over the forward estimates.

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