Steve Price: Australian Correspondent on the federal budget

Published: May 14, 2024, 10:36 p.m.

Australia's treasurer says the number one priority of his Budget is easing the cost of living. \xa0

Jim Chalmers is reporting a $9.3 billion surplus for this year but anticipates deficits for the next two years. \xa0

He's outlined benefits like energy relief for all households and increased rent assistance for welfare recipients.\xa0

Australian Correspondent Steve Price told Andrew Dickens that it\u2019s a bit of a hope and wish budget.\xa0

He said that many pundits are suggesting that this is Labour lining everything up for an early election.\xa0

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