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Australia presents final budget outcome as RBA rate hike looms

Original: Australia politics live: Chalmers and Gallagher to present final budget outcome; RBA interest rate hike looms https://ww

Treasurer Jim Chalmers and Finance Minister Katy Gallagher are presenting Australia's final budget outcome, wrapping up the financial year's accounts. Attention is focused on the fiscal position ahead of an expected Reserve Bank of Australia interest rate rise, with the budget's state of repair likely to feed debate over whether further rate hikes are needed.

Why now: The final budget figures land just as markets and voters brace for a possible RBA interest rate rise, tying the government's fiscal record directly to cost-of-living concerns.

Jim ChalmersKaty GallagherReserve Bank of AustraliaAustralian governmentAustralia

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