Submitted to | House of Representatives |
---|---|
Presented | 9 May 2023 |
Parliament | 47th Parliament |
Government | Albanese government |
Party | Australian Labor Party |
Treasurer | Jim Chalmers |
Total revenue | A$704.5 billion[1] |
Total expenditures | A$685.9 billion[1] |
Surplus | A$15.8 billion[1] |
Debt | 34.0% (A$906.9 billion)[1] |
Website | archive |
2024› |
The 2023–24 Australian federal budget is the federal budget to fund government services and operations. The budget was presented to the House of Representatives by Treasurer Jim Chalmers on 9 May 2023. It was the second budget handed down by the Australian Labor Party since their election to government in 2022.