The budget is running $15 billion ahead of forecast thanks to a stronger-than-expected company tax take, but economists expect deficits from now on.

T he unpredictability of natural disasters is threatening hopes of Labor delivering a third budget surplus, Anthony Albanese’s disasters tsar says. Department of Finance figures released last week ...

Australia’s May trade surplus narrowed sharply to AUD 2.24 billion, well below expectations of AUD 5.09 billion and a revised AUD 4.86 billion in April, marking the smallest surplus in nearly 5 ...

Australia reported a trade surplus of A$6.9 billion in March, significantly higher than February’s downwardly revised A$2.85 billion and beating market expectations of A$3.13 billion, marking ...

Australia is also one of the few countries the U.S. normally runs a trade surplus with, a point often made by Australian negotiators arguing against Trump's imposition of 10% tariffs.

Australia's government has unveiled a pre-election budget with tax cuts and other sweeteners to address cost-of-living concerns and help win Prime Minister Anthony Albanese a second term. The ...

The budget forecasts that Net Overseas Migration (NOM) will decline by 75,000 in 2025/26, and by a further 35,000 in 2026/27 – a projection that is especially significant for Australia’s international ...