From www.theguardian.com: Treasury officials prepare for the 2024-25 budget, facing a projected deficit of $26.9 billion and anticipating more energy rebates and potential surprise announcements.

The budget will reveal where the federal government collects and spends its money, with significant portions allocated to social security, health, and education.

Income tax remains the largest source of revenue, raising concerns about over-reliance on this system as the government forecasts a decade of deficits.