Australia's Treasurer Jim Chalmers unveiled a budget of "restraint" on Tuesday, promising relief from the rising cost of living without adding to inflation.
Delivering the Labor Government's first Federal Budget on Parliament, Chalmers said his responsible approach to revenue upgrades and spending restraint means gross debt as a share of GDP remains lower than at the Pre-election Economic and Fiscal Outlook in each year of the forward estimates.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
by Renju Jaya
For comments and feedback: contact editorial@rttnews.com