The Latest Breaking News from Chris Richardson

In late June, Australia's national debt was $895 billion, but many economists argue the total, or gross debt figure is not the best debt figure to look at, Tom Lowrey writes.

A windfall profits tax levied on the export gas industry could pay for the government's $20 billion commitment to the energy transition.

Analysis: Treasurer Jim Chalmers will no doubt reveal inherited budget bungles but he won’t need to look far for new tales of economic woe

Being in government is always a seat of the pants enterprise no matter that our political leaders try to convince us otherwise.

Shadow Treasurer Jim Chalmers says the current government has taxed, borrowed and spent more than the previous Labor government. RMIT ABC Fact Check takes a look at his claim.

Australia's economic recovery has been faster and better than expected, but war in Europe and China's COVID-19 outbreaks are wildcards for the nation's outlook.

Scott Morrison has made a seemingly bold pledge to create 1.3 million jobs over five years. Here's why it's got a lot to do with international borders, and why it might sound so familiar.

Deloitte Access Economics economist Chris Richardson has warned any handouts in the March 29 budget will add to inflation pressures.

Export revenues and low jobless rate combine to cut almost $90bn from projected federal budget deficit

Australia’s budget situation has been quietly improving. Deloitte Access Economics director Chris Richardson says the remarkable strength of the Australian economy means it no longer needs the emergency support it has been getting from the government and the Reserve Bank. Government spending fell by a record 10% in the year…