Australia Posts Budget Deficit of $15.7 Billion for 2025/26 Financial Year

Australia gets unexpected $6 billion federal budget boost

The federal budget’s bottom line has come in better than expected, but some economists warn Australia is not out of the woods yet.

Budget ‘pressures’ growing despite better bottom line

Final budget figures are expected to show the deficit is billions better than first thought, but the Albanese government says demand on commonwealth coffers is growing.

Australia posts budget deficit of $15.7 billion for 2025/26 financial year

SYDNEY, Sept 28 (Reuters) - Australia reported a final budget deficit of A$22.3 billion ($15.65 billion) for the year to June 2026, better than ​previously expected, as lower spending and stronger ‌tax receipts boosted the government's bottom line, Tre...