Brisbane Times
·general
·1 hour ago
Treasurer Chalmers unveils budget betting on recovery, warns Iran conflict risks economy
Australian Treasurer Jim Chalmers presented his fifth budget Tuesday, betting on economic recovery and housing relief while acknowledging a potential Iran conflict as the greatest risk. Oil prices at $200 per barrel could trigger 7.25 percent inflation and economic contraction. The budget forecasts $44.9 billion deficit improvement, with personal income taxes reaching a record $382.4 billion annually.
Summary by Glance · Brisbane Times
Newer
Next
Loving doing this? 🎉
Take it further — get the full app and never miss a moment of what's happening in Australia.
Breaking news alerts
Instant lock-screen notifications the moment big stories break across Australia.
Australian news & events
Politics, sport, weather, local events — all in one swipeable feed, updated around the clock.
Stay ahead of the news cycle
30-second summaries so you're always informed, even on your busiest days.
Loading article…
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
✨
Ask AI