The 2023-24 Budget
The 2023-24 Budget – return to surplus with fastest improvement since end of WW2, cost of living help but structural deficits remain (albeit smaller).
Dr Shane Oliver, Head of Investment Strategy & Chief Economist insights
The budget this year is expected to return to a surplus of $4bn thanks to a continuing revenue windfall.
Key measures include cost-of-living support, more spending on aged care and a move to slow NDIS growth.