Political editor Tom McIlroy and economics editor Patrick Commins sit down with Treasurer Jim Chalmers to address the criticisms surrounding his 'reforming' and 'ambitious' budget. While historic, some argue it benefits only a relatively small number of Australians.
Budget's Impact on Young Australians
Chalmers explains that the budget is designed to benefit the young, but acknowledges it does little to woo voters drawn to One Nation. The treasurer also clarifies why the budget did not include an increase in tax for gas exports, a move that had been anticipated by some analysts.
Addressing Anxieties and Populism
The government is putting forward an economic strategy to address the anxieties that lead voters to turn to populism on the right. Chalmers emphasizes the need for a comprehensive approach to tackle these concerns.
Read more on related topics: Labor's budget will benefit the young – but does little to woo voters drawn to One Nation; NDIS cuts could leave some participants with a funding gap; Budget capital gains tax changes and negative gearing reform explained.
