26 Oct 2022

Australia: What was in the 4th Budget in two years?

From Nine To Noon, 9:45 am on 26 October 2022

Australia correspondent Bernard Keane joins Kathryn to look at what was included in the latest Budget, the fourth in two years. 

Some clear priorities were outlined for the Albanese government: cheaper childcare, expanded paid parental leave, cheaper prescription drugs and more affordable housing.

The $7.5b plan is designed to help ease the cost of living ahead of new inflation figures out today.

Australia's new treasurer Jim Chalmers (left) takes an oath in front of the Australian Governor General David Hurley and new Prime Minister Anthony Albanese (right), in Canberra on 23 May, 2022.

Australia's new treasurer Jim Chalmers (left) takes an oath in front of the Australian Governor General David Hurley and new Prime Minister Anthony Albanese (right), in Canberra, following the country's national election in May. Photo: AFP/ Saeed Khan