Rate hikes, rising inflation and difficult decisions: key takeaways from Jim Chalmers’ budget update

Treasurer says his Myefo, which shows a small improvement in the budget bottom line, is “the most responsible” on recordGet our breaking news email, free app or daily news podcastJim Chalmers has claimed “the most responsible mid-year update on record”, unveiling a multibillion-dollar improvement in the budget bottom line alongside extra money for mental health, CSIRO, and training for tradies.Here are the three key takeaways from the mid-year economic and fiscal outlook. Continue reading...