Original version

BBC World Service South Asia

Business Matters

Discussion & Talk

Factual: Money

Donald Trump receives big cash pledges despite conviction

Global business and finance news and discussion from the BBC

Global business and finance news and discussion from the BBC.

BBC World Service Australasia

BBC World Service East and Southern Africa Schedule

BBC World Service East and Southern Africa

BBC World Service Online

BBC World Service schedule for American satellite radio and the Caribbean

BBC World Service Americas and the Caribbean

BBC World Service

BBC World Service News Internet

BBC World Service Europe and the Middle East

BBC World Service West and Central Africa Schedule

BBC World Service West and Central Africa

BBC World Service East Asia

Business Matters: Australia delivers its first budget surplus in 15 years

Australia delivers its first budget surplus in 15 years

09/05/2023 GMT

BBC World Service - Business Matters, Australia delivers its first budget surplus in 15 years

Australia still facing domestic economy slowdown and high interest rates

According to Australian media, the government will deliver a slim surplus amid windfall revenue from high export prices and tax revenue from low unemployment.

Australia is setting up the final touches to its annual budget statement. It's projected to record a $4 billion surplus this financial year. The government will also set aside millions for wage rises for care workers and extend financial support for single parents, while banking most of the savings to put budgets on a more sustainable footing.

(Picture: The Treasury, Australia. Picture Credit: Getty Images)

Accessibility links

Programme Index

Business Matters

Australia delivers its first budget surplus in 15 years

Genres

Formats

Brand

BBC World Service South Asia

About BBC World Service