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Smaller deficits forecast as Chalmers prepares fifth budget

Filed: May 11, 2026 at 6:03 PM ET
Summary: Australia’s federal budget is expected to run deficits for four years, but smaller than forecast six months ago.
WHO: Chalmers
WHAT: Preparation for Australia’s fifth federal budget with updated deficit forecasts
WHEN: May 11, 2026 at 5:03 PM ET
WHERE: Australia
WHY: Part of a scheduled process.
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