Federal government announces first budget surplus in 15 years

The Federal Government has announced a $22.1 billion budget surplus for the 2022/23 financial year, the first in 15 years.

Federal government announces first budget surplus in 15 years

The Federal Government has announced a $22.1 billionfor the 2022/23 financial year, the first in 15 years.

This means that over the last financial year, the Government raised more money than it spent.

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The Opposition has argued the surplus is because the Albanese Government inherited the work of the former Coalition Government.

Why is there a budget surplus?

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