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AAP
AAP
Politics
Andrew Brown and Tess Ikonomou

Bigger budget surplus not 'an end in itself'

Jim Chalmers says the improved budget bottom line isn't good luck, it's about less spending. (Mick Tsikas/AAP PHOTOS)

A larger-than-expected budget surplus hasn't come at the expense of household budgets, the treasurer insists, while touting government cost-of-living relief measures.

The federal government recorded a $15.8 billion surplus for the 2023/24 financial year, a $6.4 billion improvement on the forecast in the May budget, data released on Monday showed.

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