Economic outlook and Federal Budget update 2023

The Treasurer's budget last October sought to balance the new government's election promises with the need to avoid complicating the RBA's monetary policy task. However, since then, the RBA has tightened monetary policy to return inflation to target, leading to higher costs of living, interest rates, and falling real wages for Australian households. Despite this, higher commodity prices have strengthened the fiscal bottom line.

Join AICD Chief Economist Mark Thirlwell for a thought-provoking discussion on the Australian economic landscape and the 2023 Budget, covering:

• an assessment of how well the budget addresses the persistent medium-term gap between government revenues and spending commitments.
• insights into the short-term economic outlook and the impact of the budget on it.
• the evolving Australian economic landscape and how this year's federal budget fits into it.

Don't miss this opportunity to stay informed and up to date with the latest developments in the Australian economy.