The federal treasurer has said the 2024 budget will have ‘substantial’ but ‘responsible’ cost-of-living relief while tackling inflation.
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NewsTranscript
00:00 This will be a responsible budget which eases cost of living pressures and fights inflation
00:05 and invests in a future made in Australia.
00:09 The cost of living relief in this budget will be substantial and it will be responsible.
00:14 There will be a tax cut for every taxpayer and there will be more help to help people
00:20 make ends meet.
00:21 There will also be substantial investments in more homes for Australians, in strengthening
00:26 Medicare and the care economy, in reforming universities and boosting our skills base,
00:32 and investing in the jobs and industries which will power our future.
00:38 The second surplus is not an end in itself.
00:41 It's a demonstration that we've been able to get the budget in much better nick so that
00:45 we can make room for our priorities including easing the cost of living and investing in
00:50 a future made in Australia.
00:52 [BLANK_AUDIO]