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Listen to Australian and world news, and follow trending topics withFederal Treasurer Jim Chalmers has handed down the 2024 Budget with a focus on addressing cost-of-living pressures and stubborn inflation.
The government is allocating $1.9 billion over five years to lift the maximum rates of Rent Assistance payments by a further 10 per cent. "Labor's bandaid budget is a betrayal of renters, first home buyers and everyone doing it. Tough Labor's spending billions on a four and a half thousand dollars a year tax cut for politicians and billionaires while people are skipping meals just to pay the rent."Meanwhile independents and domestic violence advocates have criticised the government's budget measures to tackle Australia's domestic violence crisis.
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