Economists warn mid-year federal budget to land with thud as good fortune runs out

The federal budget is sliding deeper into the red, Treasurer Jim Chalmers has confirmed, with next month’s mid-year budget update to show a larger deficit than had been expected in May. The federal budget is sliding deeper into the red, Treasurer Jim Chalmers has confirmed, with next month’s mid-year budget update to show a larger deficit than had been expected in May. Federal Government, Budget, Government and Politics, Business, Economics and Finance, Tax Latest business news