Treasurer aims to strike a ‘methodical balance’ to see people through the hard times while setting the country up for a better future
- Federal budget 2023 LIVE updates: Australia government budget announcement and speech – latest news
- Explore all of our 2023 Australia federal budget coverage
- Get our morning and afternoon news
Jim Chalmers has announced a $5.7bn investment in Medicare and an increase in jobseeker and commonwealth rent assistance for all ages as the centrepieces of Labor’s first full-year budget aimed at helping Australians “under the pump”.
In his speech on Tuesday evening promising to “[see] people through the hard times – and [set] our country up for a better future”, the treasurer claimed the cost-of-living relief measures in the 2023-24 budget would shave 0.75% off inflation.
Continue reading...