Australia's Budget, From Surplus To Deficit

James McIntyre, Bloomberg Economist

16-May-24 08:30

Australia's Budget, From Surplus To Deficit

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Australia tabled its Budget with a second consecutive surplus of A$9.3 billion, quickly followed by a projected deficit of A$28.3 billion in 2024-25. James McIntyre, Economist at Bloomberg Intelligence helps us makes sense of the numbers and also new policies like the "Future Made in Australia" program and the Energy bill relief package.

Image Credit: Shutterstock.com

Produced by: Tun Hizami Hashim

Presented by: Wong Shou Ning, Philip See, Keith Kam

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Categories: markets, economy, international

Tags: Treasurer Jim Chalmers, Australia Federal Budget 2024, Future Made in Australia, energy bill relief,

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