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The Guardian - AU
The Guardian - AU
National
Greg Jericho

Australia budget 2024: the six graphs you need to see

Jim Chalmers
Treasurer Jim Chalmers’ 2024 federal budget includes an increase in rental assistance by 10% and everyone gets $300 off their power bill. Both these measures will reduce inflation. Photograph: Mike Bowers/The Guardian

A bigger surplus this year and a bit bigger deficit next year! Does it matter? As I noted last month, not really. But while the surplus might not matter, the choices in the budget do, so let’s have a look at what the budget tells us about the economy and some of the choices the government has made.

No real change in the budget balance

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