Chalmers calls budget responsible, supports economy recovery

Budget doubles down on housing supply with $2bn infrastructure push

Treasurer Jim Chalmers unveiled a new $2 billion Local Infrastructure Fund aimed at accelerating housing delivery and easing development delays. The fund will support local governments ad state utilities providers in delivering essential "last mile" infrastructure, including water, power, sewerage and road connections needed to unlock new housing developments. Chalmers said the initiative could support up to 65,000 homes over the next decade and…

Chalmers calls budget responsible, supports economy recovery

Chalmers unveils budget addressing economic challenges, with support for Medicare, cost-of-living relief, and ongoing deficits projected until 2036

Responsible economic and fiscal management

The Albanese Labor Government is delivering a stronger and more sustainable Budget with smaller deficits, less debt and net policy decisions that improve the bottom line.Responsible economic management is a defining feature of this Government and this Budget is our most responsible yet.Strong fiscal discipline is even more important at a time of heightened global uncertainty, and that’s exactly what we’re delivering. Decisions in this Budget mea…