economic-projections

rte.ie

Australia Projects A$28.3 Billion Budget Deficit for 2025/26

The Australian government forecasts a A$28.3 billion budget deficit for the 2025/26 fiscal year, below an earlier estimate of A$36.8 billion. Officials project continued deficits in subsequent years along with GDP growth of 2.25 percent in 2025/26 and inflation starting at 5 perc…