-
AU: Federal budget by the numbers: The key figures to know
Treasurer Jim Chalmers has handed down the 2024-25 federal budget. The budget is set to deliver a $9.3 billion surplus for this financial year — the Albanese government's second in a row. But that's expected to be followed by double-digit deficits for the next four years. These are the key spending figures to know. $3.5 billion: That's how much the government is putting towards providing households and some small businesses with an energy bill rebate. From 1 July 2023, a $300 credit will be automatically applied to every Australian household's electricity bills. Around a million small businesses will receive $325 ... (full story)