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The 2023-24 Budget

  • Writer: COMPASS
    COMPASS
  • May 24, 2023
  • 1 min read

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.





 
 
 

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