The federal budget deficit for 2021/22 is now forecast at $99.2 billion.
LATEST BUDGET DEFICIT FORECASTS (PREVIOUS IN BRACKETS):
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* 2021/22 - $99.2 billion ($106.6 billion)
* 2022/23 - $98.9 billion ($99.3 billion)
* 2023/24 - $84.5 billion ($79.5 billion)
* 2024/25 - $57.5 billion ($57.0 billion)
(Source - Mid-Year Economic and Fiscal Outlook 2021/22)
Australian Associated Press
