Behind the promises and projections, the numbers paint a grim picture: rising debt, growing reliance on taxing workers, and a ...

Jim Chalmers’ fourth budget reveals consecutive deficits of $27.6bn in 2024-25, deteriorating to $42.1bn in 2025-26. Given ...

Here are seven key budget charts that shed light on the nation’s finances, the economic outlook and what lies ahead.

Any attempt to deal with ongoing federal budget deficits and an excess accumulation of debt obligations must accept that ...

The federal government's budget deficit has grown by more than $300 billion in the first five months of fiscal year 2025, ...

The amount of money the government is taking in is outstripped by federal outlays. Fixing this won't be easy, especially in ...