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The 2023–24 Australian federal budget is the federal budget to fund government services and operations. The budget was presented to the House of Representatives by Treasurer Jim Chalmers on 9 May 2023. It was the second budget handed down by the Australian Labor Party since their election to government in 2022.
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An Australian federal budget is a document that sets out the estimated revenues and expenditures of the Australian Treasury in the following financial year, proposed conduct of Australian government operations in that period, and its fiscal policy for the forward years. [1]
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Australian federal budget 2022; 2022–23 Australian Federal Budget; Submitted: 29 March 2022: Submitted by: Morrison government: Submitted to: House of Representatives: Parliament: 45th: Party: Liberal/NationalCoalition: Treasurer: Josh Frydenberg: Total revenue: $547.6 billion [1] [2] Total expenditures: $628.5 billion [1] [2] Debt payment ...
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The October 2022 Australian federal budget was the federal budget to fund government services and operations. The budget was presented to the House of Representatives by Treasurer Jim Chalmers on 25 October 2022. It was the first budget to be handed down by the Australian Labor Party since their election to government at the 2022 federal election.