- Analytics
- News and Tools
- Market News
- Australian Treasurer Chalmers: Budget deficit will be around A$50bn smaller than forecast
Australian Treasurer Chalmers: Budget deficit will be around A$50bn smaller than forecast
Australia’s Treasurer Jim Chalmers revealed on Tuesday that the country’s budget deficit will be around A$50 billion smaller than forecast.
Additional quotes
“The final budget will be released next week.”
“The budget deficit in FY 21/22 will show improvement on the forecast.”
“Australia to support G7 initiative on cap on Russian oil prices.”
Market reaction
At the time of writing, AUD/USD is testing lows at 0.6713, shrugging off the above comments from Chalmers. The spot is down 0.16% on the day.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
