Politics9/28/2025•Bloomberg
Australia to Post Narrower Final Budget Deficit in Fiscal 2025
Australia's budget deficit for fiscal 2025 is expected to be narrower than the government's previous projection made around six months ago. This improvement is largely attributed to the country's strong employment growth, which has led to higher tax revenue. The article does not provide specific figures for the revised budget deficit target, but it suggests that the government's fiscal position has seen some improvement compared to its earlier estimates. This development could have implications for the government's fiscal policies and economic management in the coming years.
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