budget

Debt-servicing costs are one of the top three expenses for the government

Consumer, property and energy industries offer opportunities as wage hikes pressure labour-heavy sectors

Economic growth this year is expected to come in at the upper end of the projected range of 4.8% to 5.3%

He is likely to prioritise cash handouts to middle-income groups when he presents 2027’s spending plan

As artificial intelligence depreciates capability, accounting for organisational reinvention is critical

The lack of 10-year funding forces the government to backload key defence decisions for the next premier

It takes effect on Jul 1, with the goal to generate US$500 million

This marks a reversal from Takaichi’s previous remarks ruling out the need for extra spending

It will further strain the country’s worsening finances and may accelerate rises in long-term interest rates