Treasurer Jim Chalmers has revealed a big hit to the budget bottom line with the nation’s debt set to crash through $1 trillion in the coming year.

Australia’s bottom line is set to sink deeper into the red by $21bn over the next four years, with “unavoidable spending” and uncertain global...

Australia’s bottom line is set to sink deeper into the red by $21bn over the next four years, with “unavoidable spending” and uncertain global...

Treasurer Jim Chalmers launched a media blitz on Wednesday morning ahead of the release of a mid-year budget update where the Government will state...

Treasurer Jim Chalmers launched a media blitz on Wednesday morning ahead of the release of a mid-year budget update where the Government will state...

Jim Chalmers declined to directly answer whether a total of forecasted $122.1bn in deficits will increase in the mid-year budget update set to be...

After coming under fire from for his mid-year budget update, Treasurer Jim Chalmers says: “We’ve rejected this free advice that says slash and...

Labor and the Coalition have drawn the battlelines for a ‘tax and spend’ versus ‘slash and burn’ contest in next year’s election, after the...

Australia is on track for a soft economic landing despite budget deficits set to widen as spending grows and tax receipts fall, Treasurer Jim Chalmers...

Treasurer Jim Chalmers has warned that a weakened Chinese economy will have devastating repercussions for Australia’s bottom line.