Treasurer Jim Chalmers has handed down his fifth federal budget, introducing higher taxes on investment properties and some trust funds, while offering workers a new $250 tax break in return. But will these measures genuinely ease cost-of-living pressures, or could they add to inflationary pressures instead? How might unemployment figures shift in the wake of the budget, and could rising fuel costs increase the likelihood of another interest rate hike? Here’s what economist Nalini Prasad says.
Find all our podcasts here at: SBS Hindi Podcast Collection.You can also tune in to SBS Hindi at 5 pm on SBS South Asian on digital radio, on channel 305 on your television, via the SBS Audio app, or stream from our website.
Share
