Mining driving Australian budget
The Minerals Council of Australia (MCA) has welcomed statements by the federal Treasurer acknowledging the importance of the resources sector to Australia’s economy.
Speaking at a press conference in Canberra, ahead of the Budget which is some five weeks away, Treasurer Jim Chalmers said that the Budget deficit for 2021-22 would show an improvement of nearly A$50-billion from what was previously expected, with A$28-billion of that driven by higher-than-expected revenues.
Speaking at a press conference in Canberra, ahead of the Budget which is some five weeks away, Treasurer Jim Chalmers said that the Budget deficit for 2021-22 would show an improvement of nearly A$50-billion from what was previously expected, with A$28-billion of that driven by higher-than-expected revenues.