Treasurer Jim Chalmers prioritises savings over spending in upcoming ‘most responsible budget’

Amidst intense economic uncertainty, the federal government is preparing to release what Treasurer Jim Chalmers calls his most responsible budget yet.

Key Points

• Federal Treasurer Jim Chalmers has pledged to deliver this "most responsible budget," which is expected to include savings across every government portfolio or department.
• Defending potential changes to negative gearing and capital gains tax, the government stated that the goal of this budget is to adapt to the uncertain situations currently facing the Australian economy.
• Meanwhile, Shadow Treasurer Tim Wilson and Barnaby Joyce of One Nation have criticised several of the government's policies.

LISTEN TO

Treasurer Jim Chalmers prayoridad ang pagtitipid kaysa paggastos sa ilalabas na ‘pinakaresponsableng budget’

SBS Filipino

07:55Filipino

📢 Where to Catch SBS Filipino

🔊 On Air – Tune in to SBS Filipino on radio stations across Australia and website live stream, and TV Channel 302 from 10 AM to 11 AM AEST daily.

📲 Catch up episodes and stories – Visit sbs.com.au/filipino or stream on Spotify, Apple Podcasts, Youtube Podcasts, and SBS Audio app.

📣 Follow Us on Social Media – Stay updated by following us on Facebook and Instagram.