Treasurer Jim Chalmers hands down the 2024 Federal Budget

Treasurer Jim Chalmers has unveiled his federal budget for the next financial year and announced a budget surplus for the second consecutive time.

The 2024-2025 Budget Papers are seen at a printing facility prior to being delivered to Parliament House in Canberra, Sunday, May 12, 2024. Source: AAP / MICK TSIKAS/AAPIMAGE

Key Points

• Just over six billion dollars goes to investment in new housing, with an extra one billion dollars going to states and territories for new housing. There’s also extra help for renters.
• The Government’s planning to invest 9.5 billion dollars in infrastructure over the next four years as part of a total projected spend of 16.5 billion over ten years
• Over the next four years it’s planning to save just over 14 billion dollars on getting the N-D-I-S back on track.