A robust jobs market and a rise in take-home pay for workers have helped the budget's bottom line. Photo: Joel Carrett/AAP PHOTOS

The federal budget is $18 billion better off thanks to a stronger-than-expected jobs market.

Subscribe now for unlimited access .

Login or signup to continue reading All articles from our website The digital version of Today's Paper All other regional websites in your area Continue

The final budget outcome, to be released on Monday, is set to show a deficit of just under $10 billion for 2024/25.

That's compared with forecasts in the federal budget for that financial year of more than $28 billion.

Treasurer Jim Chalmers says the final budget outcome will be $18 billion better off than forecast. (Nikki Short/AAP PHOTOS)

Treasurer Jim Chalme

See Full Page