Here’s a brief look at the key numbers in the Liberal government’s 2025 budget:
—$20.1 billion: Total net new government spending for the 2025-26 fiscal year.
—$89.7 billion: Total of net new budget spending items over five-year timeline of budget plan, including a projected $51.2 billion in cost savings.
—$78.3 billion: The total deficit for this fiscal year — more than double estimates for last year.
—Up to 40,000: The number of public service positions the government intends to eliminate over the next three years.
—155,000: The number of student visas being issued in 2026, down from about 306,000 in the previous immigration levels plan.
—42.4: The federal debt as a percentage of GDP for fiscal 2025-26.
—$73 billion: The sum set aside for new defence spending, with $30 billion goi

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