Australian budget outcome shows deficit over 11 bln USD lower than forecast

NAMPA / Xinhua

2025-09-29

CANBERRA, Sept. 29 (Xinhua) -- The Australian government released the final budget outcome for the 2024-25 financial year on Monday, with a final deficit of about 18 billion Australian dollars (about 11.8 billion U.S. dollars), lower than previously forecast. Treasurer Jim Chalmers and Finance Minister Katy Gallagher handed down the annual budget outcome on Monday, revealing a final underlying cash deficit of just under 10 billion Australian d......

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