Jim Chalmers 2022

Tom Connell:

You mentioned the voters at the kitchen table and that’s what the Budget is really about. Before the last election they were told by Labor power bills would be lowered by $275 by the end of the term.

Sarah Ferguson:

Welcome, Treasurer, and congratulations on your highly unusual fourth Budget.

Jim Chalmers:

I appreciate it, Sarah, thanks.

Ferguson:

Here we are, back again on Ngunnawal land, gathering at the kind invitation of Maurice and the Board, sponsors and members of the National Press Club.

But since last time, not just one new President but 2: Trump; and Connell.

Congratulations Tom on your election, and thanks for your introduction –

Peter Fegan:

New figures show that headline and underlying inflation fell last month.

This is more positive and promising news that shows we’re making progress together in the fight against inflation.

Monthly inflation fell to 2.4 per cent in the year to February 2025.

Annual trimmed mean inflation fell to 2.7 per cent.

James Bracey:

Now more on the Albanese government’s fourth federal Budget. Jim Chalmers catching the country off guard with a surprise tax cut for every Australian, a move the Coalition is calling an election bribe.

Sarah Abo:

Raf Epstein:

Jim Chalmers has delivered his fourth Budget. He’s the federal Treasurer. Good morning.

Jim Chalmers:

Good morning, Raf. How are you?

Epstein:

Sally Sara:

Treasurer, welcome back to Breakfast.

Jim Chalmers:

Thanks Sally. It’s nice to see you in person.

Sara:

These budget measures will help every income taxpayer. Why do that rather than target those in most need?

Chalmers:

Peter Stefanovic:

Well, the government has shaken up the election campaign with a late plot twist. A tax cut for all. That’s one side of the ledger. The other is record debt and deficits for the next decade.

Natalie Barr:

And Treasurer Jim Chalmers joins us live in Canberra on a busy morning. Good morning to you.

So, barely enough for a coffee or about a McDonald’s Happy Meal, how much impact do you think $5 a week will have?

Jim Chalmers: