Anthony Albanese's Government Flags Fresh Tax Cuts for Aussies

Why younger Australians are facing a tough economic future

In 40 years, with an estimated population of 40 million, Australia will be more indebted and face what increasingly appears to be a permanent budget deficit.

Bigger, older, more expensive to run: Australia’s 40-year economic outlook

Debt could surge beyond 55 per cent of GDP as the deficit quadruples and public spending accounts for almost a third of the economy if the malaise persists.

Anthony Albanese's government flags fresh tax cuts for Aussies

Aussies could be handed another tax-cut sweetener as Jim Chalmers warns the nation faces a challenging future.

Australia’s Treasurer Warns of Economic Risks as Population Ages

Australia’s Treasurer Jim Chalmers warned the economy faces “serious risks” as the population ages and grows more slowly, a demographic challenge that will also pressure government finances.

Jim Chalmers flags fresh tax cuts, warns of ‘confronting’ news in economic outlook

The treasurer said the 40-year forecast will show “we are dealing with serious risks to our economy and serious pressures on the budget”.

Australia's Treasurer Warns of Economic Risks as Population Ages

The Entire Business World on a Single Page with the Web's Most Comprehensive One-Stop Finance News Hub.