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Australian Treasurer Jim Chalmers delivers his post-budget address at the National Press Club of Australia in Canberra, Wednesday, May 10, 2023. (AAP Image/Lukas Coch) NO ARCHIVING Source: AAP / LUKAS COCH/AAPIMAGE
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By Soofia Tariq
Presented by Junko Hirabayashi
Source: SBS
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The Albanese government has delivered its first May budget, confirming an historic $4 billion surplus to the cash balance, the first surplus in 15 years.
Treasurer Jim Chalmers has also announced a nearly $14.6 billion cost-of-living package over four years.
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