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Treasurer Jim Chalmers flags 2023-24 surplus likely to grow beyond $9.3bn forecast in budget

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Treasurer Jim Chalmers flags 2023-24 surplus likely to grow beyond $9.3bn forecast in budget

Treasurer Jim Chalmers has flagged a larger than expected surplus for the 2023-24 budget, surpassing the projected $9.3bn determined in the federal budget in May.

While official figures will be released in September, Dr Chalmers spruiked what he believed would be a larger surplus in the “mid-teens,” which would place “downward pressure on inflation in our economy”.

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