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Jim Chalmers has handed down the Labor government’s election budget. Front and centre was a surprise tax cut for all Australians, along with many of the measures we’ve been promised, including a boost to Medicare, energy bill relief, housing support and student debt reductions. As the government makes its pitch for re-election, gross public debt is forecast to hit $1 trillion next year, and a decade of deficits loom. Today, columnist for The Saturday Paper Paul Bongiorno on what’s in the budget for you — and how it will sway the government’s chances at re-election.
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Socials: Stay in touch with us on Instagram Guest: Columnist for The Saturday Paper, Paul Bongiorno. Photo: AAP Image/Lukas Coch See omnystudio.com/listener for privacy information. |
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