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AAP
AAP
Politics
Tess Ikonomou

Tax revenue surge as treasurer tempers expectations

Treasurer Jim Chalmers is tempering expectations ahead of this month's federal budget. (Darren England/AAP PHOTOS)

Tax revenue is expected to be $25 billion higher over the next four years, as the Albanese government tempers expectations ahead of this month's federal budget.

The budget, to be handed down by Treasurer Jim Chalmers, will show a surge in tax receipt upgrades from the forecast in the mid-year economic and fiscal outlook.

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