Budget to focus on cost of living relief and investing ‘in the future’: Treasurer

Treasurer Jim Chalmers says the upcoming federal budget will be about cost of living relief at the same time as investing “in the future”. The Treasurer will hand down the government’s budget in just a few days on Tuesday, May 14. “It’s a responsible budget. It will be good for mums and middle Australia, good for families, pensioners, students and young people,” Mr Chalmers told Sky News Political Editor Andrew Clennell. “It will recognise the pressures that people are under. It will engage in this fight against inflation by showing restraint, by designing our cost of living policies in a way that takes the edge off inflation rather than add to it.”