Treasurer and Finance Minister deliver 2024 MYEFO

Treasurer Jim Chalmers has delivered the government’s Mid-Year Economic and Fiscal Outlook (MYEFO) for 2024-25. The Treasurer revealed the budget deficit, at $26.9 billion, is $1.3 billion smaller than previously expected. “We are on track for a soft landing in our economy,” Mr Chalmers said during a media conference on Wednesday.