The government is now officially targeting a balanced budget, although economists warn its new fiscal strategy still lacks detail and definitive timelines.
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The Albanese government has quietly tightened its budget rules for the first time after four years in government, but economists say the goals still lack hard targets and timelines.
The under-the-radar change in fiscal rules in the budget last month coincided with Jenny Wilkinson presiding over her first budget as Treasury secretary, after succeeding Steven Kennedy last year.
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Chancellor to deliver fiscal statement, billed as decisive moment for fate of Starmer government, at 12.30pm
The finance minister used her election-year Budget to preach prudence and discipline, with the books now forecast to be back in…
The budget makes it clear the government has continued with some of its bad habits.
Budget documents reveal the Government has quietly spent a portion of next year's Budget.
Treasury is forecasting the economy will grow by an average of 2.7% over the next four years, and the Government's books will…
The Finance Minister has used her last budget of the term to preach discipline, as she eyes a surplus on the horizon.
