CANBERRA, ACT, Sept. 29 -- The Treasurer of Australia issued the following media release:

The Final Budget Outcome for 2024-25 shows the Albanese Labor Government has delivered the largest nominal improvement in the Budget in a single Parliamentary term.

In dollar terms, we've made more progress on the Budget in threeyears than any government in history.

It's a reminder that we have one of the strongest budgets in the G20.

Responsible economic management is the hallmark of the Albanese Labor Government and today's result reinforces that.

We've turned two big Liberal deficits into two substantial Labor surpluses in our first twoyears, significantly reduced the deficit in our third year, and continued to pay down debt.

Today's figures s...