Treasurer cites lower government spending as the key driver behind the $15.8bn surplus, which is $6bn better than May’s forecast

Treasurer Jim Chalmers claims the Government’s second consecutive surplus has not come at the expense of cost-of-living relief for households doing...

Treasurer Jim Chalmers claims the Government’s second consecutive surplus has not come at the expense of cost-of-living relief for households doing...

Australia posted back-to-back budget surpluses for the first time in 16 years.

Treasurer Jim Chalmers is crediting spending restraint as the sole reason for a larger-than-expected Federal Budget surplus.

Jim Chalmers will meet with economic counterparts in Beijing in the first visit by a federal treasurer to China in seven years.

The federal government will use the figures to argue it is keeping inflation at bay.

Ahead of the final budget outcome later this month, the Treasurer confirmed Australia has improved its debt position, saving taxpayers on interest...

Treasurer Jim Chalmers says a better-than-expected $15.8 billion budget surplus doesn't mean cost-of-living measures have been forgotten.

Treasurer Jim Chalmers says a better-than-expected $15.8 billion budget surplus doesn't mean cost-of-living measures have been forgotten.