What can we expect from the Federal Budget 2023?

The federal government will announce its 2023-24 Budget on Tuesday May 9.

Australian Treasurer Jim Chalmers poses for a portrait in front of the Treasury building in Canberra, Thursday, May 4, 2023. (AAP Image/Lukas Coch) Source: AAP / LUKAS COCH/AAPIMAGE

So, what can we expect from the Federal Budget then?

The federal government has flagged pay rises for the elderly care sector, cheaper childcare costs for some Australian families, and cost-of-living assistance for the most vulnerable Australians.

Childcare costs will become cheaper for one comma two million families, thanks to increased budgets.

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