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AAP
AAP
Business
Cassandra Morgan

Global tensions, China slowdown casts budget shadow

Jim Chalmers China Middle East Economy Australia
Rising tensions in the Middle East pose a threat to the global economy, Treasurer Jim Chalmers says. (Mick Tsikas/AAP PHOTOS)

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.

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