Australia unveils latest budget for financial year beginning July
04:12 Min
Australia has unveiled its latest budget for the financial year beginning in July. It introduces measures to help cushion the impact of rising energy costs and ease cost-of-living pressures. Treasurer Jim Chalmers says the plan, which includes continued deficits in the years ahead, is aimed at strengthening the economy. Natashya Gutierrez reports from Sydney.
12 May 2026 10:44pm
Australia has unveiled its latest budget for the financial year beginning in July. It introduces measures to help cushion the impact of rising energy costs and ease cost-of-living pressures. Treasurer Jim Chalmers says the plan, which includes continued deficits in the years ahead, is aimed at strengthening the economy. Natashya Gutierrez reports from Sydney.
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