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Australia news Australia news live: Chalmers and Gallagher to present final budget outcome; RBA interest rate hike looms Follow the day’s news live. Get our breaking news email, free app or daily news podcast LIVE Updated 4m ago Nick Visser Sun 27 Sep 2026 17.16 EDTFirst published on Sun 27 Sep 2026 17.01 EDT Share Key events 4m ago Chalmers and Gallagher to present final budget outcome 19m ago Welcome The treasurer, Jim Chalmers, and the finance minister, Katy Gallagher, will present the final budget outcome on Monday. Photograph: Lukas Coch/AAP The treasurer, Jim Chalmers, and the finance minister, Katy Gallagher, will present the final budget outcome on Monday. Photograph: Lukas Coch/AAP Key events 4m ago Chalmers and Gallagher to present final budget outcome 19m ago Welcome The treasurer, Jim Chalmers, and the finance minister, Katy Gallagher, will present the final budget outcome on Monday, the updated accounting measure for the 2025-26 financial year. Despite challenges facing the government, Chalmers is expected to say the figures show the budget deficit is smaller than originally forecast. He will argue the improvements are worth billions of dollars to the budget. Good morning and welcome to our live news blog. Nick Visser will join us shortly. We have budget news, interest rate hikes on the horizon and some expert views on autonomous AI and hacks. Explore more on these topics Australia news Australian politics Australian economy Business Health Australian education Australian immigration and asylum Share Reuse this content Most viewed Most viewed