30-May-2026
Economy News
 
Australia Seeks Reform, Inflation Restraint in Budget Balancing Act
11-May-2026

Australia is expected to deliver a smaller than initially forecast budget deficit this week as the government banks revenue windfalls from higher commodity prices, while aiming to deliver politically risky reforms without worsening inflation. The budget is tipped to remain in the red over the coming years just as the Middle East conflict darkens the economic outlook.

News Source:- https://money.usnews.com/investing/news/articles/2026-05-10/australia-seeks-reform-inflation-restraint-in-budget-balancing-act
 
 
 

Notes:
1. Copyright and ownership of all content from IMC and other IMC sites belongs to IMC except third-party resources
2. Copyright, intellectual property right, ownership or responsibility of error of other content belong to respective sources
3. Please do not reply to this mail

For suggestions and feedback click here.

Disclaimer:
IMC is not responsible for any kind of loss arising due to the information. You are receiving this newsletter because you have subscribed to this service. To unsubscribe click here.
Head Office : IMC Bldg., IMC Marg, Churchgate, Mumbai - 400 020 India  |   Tel : 91-22-22046633  |   Fax : 91-22-22048508 / 22838281
E-Mail : imc@imcnet.org  |   Website : www.imcnet.org