Global tensions and China slowdown among key threats to budget, Jim Chalmers warns

Global tensions and China slowdown among key threats to budget, Jim Chalmers warns

The threat of escalating conflict in the Middle East has cast further uncertainty over Australia's pre-budget economic outlook, the treasurer has warned.

Global tensions, China slowdown casts budget shadow

Rising tensions in the Middle East pose a threat to the global economy, Treasurer Jim Chalmers says. (Mick Tsikas/AAP PHOTOS) By Cassandra Morgan Treasurer Jim Chalmers is warning of softer revenue growth in the federal budget as China’s downturn persists and conflict in the Middle East casts a shadow over the global economy. The Albanese government’s third budget is due to be delivered on May 14, with a second surplus still the goal in 2023/24.…

Global tensions, China slowdown casts budget shadow

The threat of escalating conflict in the Middle East has cast further uncertainty over Australia's pre-budget economic outlook, the treasurer has warned.