Ministers promise ‘responsible middle path’ and hint at second consecutive surplus but warn some spending deficits will remain
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The treasurer, Jim Chalmers, has declared next week’s budget neither the time for “scorched-earth austerity” nor for unrestrained spending as he hints again at a possible second consecutive surplus.
“The budget is in much better nick than the budget that we inherited almost precisely two years ago,” Chalmers said on Monday.
Continue reading…Ministers promise ‘responsible middle path’ and hint at second consecutive surplus but warn some spending deficits will remainFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe treasurer, Jim Chalmers, has declared next week’s budget neither the time for “scorched-earth austerity” nor for unrestrained spending as he hints again at a possible second consecutive surplus.“The budget is in much better nick than the budget that we inherited almost precisely two years ago,” Chalmers said on Monday.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading…