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Thursday, October 22, 2026Updated 15:38 UTC

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Economy set to worsen, with higher unemployment and weaker growth on the way, Jim Chalmers reveals

Source: Guardian World · Oct 22, 2026 11:30 UTC

Rolls of U.S. dimes and nickels in paper coin wrappers — File photo dmuth / Flickr · CC BY-SA 2.0 · Source

The Quick Take

Treasury is revising all the numbers for the mid-year budget update as economists warn of a difficult six months ahead Get our new political email , free app or daily news podcast Jim Chalmers has revealed December’s mid-year budget update will project weaker growth and higher unemployment, as economists warn of a difficult six months ahead for the Australian economy. Two days after a senior Reser

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