Government’s budget won’t be a ‘smash and grab’ one and will ‘fight inflation’

Treasurer Jim Chalmers says the federal budget will “fight inflation” without “smashing” the economy.  “It won’t be a smash and grab budget because people are hurting and the economy is slowing,” Mr Chalmers said during a media conference on Friday. “But there will be a premium on responsibility and restraint. “There will be savings in the budget, there’ll be spending restraint in the budget so that we can get the budget in much better nick to make room for our priorities.” The Albanese government is set to hand down its federal budget on Tuesday next week.