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Treasurer accused of ignoring inflation threat after giveaway measures aim to soothe cost-of-living pressures while shoring up votes. Follow the day’s news live
Good morning and welcome to our rolling news coverage as Labor defends its budget and the Coalition goes on the attack. I’m Martin Farrer with the top overnight lines before Amy Remeikis takes over again.
Jim Chalmers will be touring the TV studios today to defend his budget bet that a giveaway for households will shore up votes. A $300 energy rebate, rent assistance and cheaper medicines are all part of the package which Anthony Albanese and his treasurer surely hope creates enough winners to persuade voters to stick with Labor after what could be the last budget before the next election.
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