Commonwealth Bank of Australia estimates issuance at A$115 billion, down from about A$125 billion in the current fiscal year.
Strategists say reduced supply could flatten Australia's yield curve and narrow its bond premium over US Treasuries as the government signals tighter fiscal spending.
Analysts also say Australian debt could become more attractive if the Australian Office of Financial Management cuts its cash balance in line with a recommendation.
Can Australia’s fiscal discipline withstand a global oil shock, or will it push the economy toward a recession?
With billions cut from disability support, what real relief is planned for the worsening cost-of-living crisis?