Australia news live: Gallagher says final budget outcome will shave $6bn off deficit; RBA interest rate hike looms
The treasurer, Jim Chalmers, and the finance minister, Katy Gallagher, will present the final budget outcome on Monday, the updated accounting measure for the 2025-26 financial year.
Despite challenges facing the government, Chalmers is expected to say the figures show the budget deficit is smaller than originally forecast.
He will argue the improvements are worth billions of dollars to the budget.
Good morning and welcome to our live news blog.
Nick Visser will join us shortly. We have budget news, interest rate hikes on the horizon and some expert views on autonomous AI and hacks.
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