The Treasurer is expected to announce more than $4bn in cash for the economy in the coming months but is facing pressure from the crossbenchers to get it done.
The cash-strapped Coalition, which has struggled to contain inflation and unemployment, is still grappling with a lack of economic growth and has been forced to slash spending on welfare and social programs.
The Coalition is also grappling with the consequences of a budget surplus of $1.2bn.
A Treasury spokesperson said the Treasurer was still deciding how to spend the money but that the Government would use the money for the needs of the economy.
“The Treasurer is still considering the Government’s fiscal strategy and the economic implications of the budget,” the spokesperson said.
Labor has called for a “more aggressive” spending strategy, while the Greens have urged the Treasurer to keep spending “in the black”.
The Treasurer’s spokesman said the Coalition was looking at ways to make up for the shortfall and he would be meeting with the crossbench later today.