Deficits ‘as far as the eye can see’ forecast from Treasurer Jim Chalmers

Sky News host Chris Kenny discusses Labor’s spending habits ahead of the federal budget and election.

“Treasurer Jim Chalmers will deliver his fourth and possibly his final budget a week from today,” Mr Kenny said.

“It will deliver a deficit and forecast deficits as far as the eye can see as government debt pushes towards a trillion dollars.”

[fluke]

They gave away millions to everyone except for the Australian people who needed it !

[clintclintonforshortbonser]

And yet half the country will still vote for these incompetent clowns. It baffles me.

[johntelford]

If Australia had net zero emissions today what would that achieve other than bankrupting the country

[trudiramien]

Labor are crushing australia and deviding us who needs a grub like this

[clydesimpson]

The amount of taxes Australia pays as a whole should put the entire country into a trillion dollar surplus, including a sovereign wealth fund.

[gregwooldridge]

I use to like Labor years ago. Now after what albo and Wong did to Australians I want the bullshit party gone.

[netsiteing]

Australia's debt is around 1/2 of its GDP ... that's based on 2023 figures, Australia's GDP was around $2.203 trillion AUD

[kerryellison]

Someone pleasegag Albo enough of the radical green energy garbage. Stop destroying the environment to go green it's unsustainable and will never cover the base load needs of Australia.

[kerryellison]

Stick your green new energy where the sun doesn't shine. Australia needs to be out of the Paris agreement net zero crap.

[southernstarreview]

🍿 The Labor government couldn't organise to get out of a wet paper bag with a hole in it!

[Verrifier-zz]

How much AUD is being sent offshore by new immigration.

[zzz]

My great grandfather was a Labor Senator He would be turning in his grave as the Labor party of today is not for the working people

[adrianw]

Possibly a worse treasurer Swan, maybe, but just as bad any imaginable. To provide us with so much debt in such a short space of time is staggering. In the private sector he would be sacked and facing criminal charges.

[bobpayne]

We have a taffif in Australia it’s called big government and gst

[juliennesmart]

Half the country will stand with Labor and vote them in for a second term...even though the way Australia is going & that is down the gurgler..how dumb are we as we are sleep walking into being a third world country....

[paulchatland]

Here comes the ''Give Away Budget'', there must be an election coming to a town near you

[KingsleyThomson-jw]

Yes cyclone Albo has caused so much devastation and damage to the Australian people and the depression

[harrycopeland]

Outstanding Jim!! Think of the damage Labor will level on Australia if they are re-elected.

[paulchatland]

I had to pinch myself as I thought that Kenny was talking about Britain.

[glennmurray.]

These money wasters have to go Australia