Australian treasurer Jim Chalmers previews ‘responsible’ 2024 budget

The federal treasurer has said the 2024 budget will have ‘substantial’ but ‘responsible’ cost-of-living relief while tackling inflation.

Transcript

00:00 This will be a responsible budget which eases cost of living pressures and fights inflation

00:05 and invests in a future made in Australia.

00:09 The cost of living relief in this budget will be substantial and it will be responsible.

00:14 There will be a tax cut for every taxpayer and there will be more help to help people

00:20 make ends meet.

00:21 There will also be substantial investments in more homes for Australians, in strengthening

00:26 Medicare and the care economy, in reforming universities and boosting our skills base,

00:32 and investing in the jobs and industries which will power our future.

00:38 The second surplus is not an end in itself.

00:41 It's a demonstration that we've been able to get the budget in much better nick so that

00:45 we can make room for our priorities including easing the cost of living and investing in

00:50 a future made in Australia.

00:52 [BLANK_AUDIO]