Jim Chalmers’ budget victory lap outpaces reality as Australia’s debt continues to climb

The GuardianMonday, September 29, 2025 at 9:52:20 PM
Jim Chalmers’ budget victory lap outpaces reality as Australia’s debt continues to climb
Treasurer Jim Chalmers recently celebrated a budget outcome that was not as dire as anticipated, but the reality is that Australia's debt continues to rise, posing significant challenges. This situation is particularly concerning for workers who are left to shoulder the burden of economic repair. The budget's perceived victory lap may overlook the structural issues that remain, highlighting the need for a more sustainable approach to fiscal management.
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