Search

« Back to Publications

Jim Chalmers hands down a budget for Anthony Albanese’s battlers

Michelle Grattan writes in The Conversation (9.5.23) about the Albanese government’s federal budget for 2023-24, with Treasurer Jim Chalmers aiming to relieve cost-of-living pressures on struggling households.

‘A big incentive for doctors to bulk bill, a modest $40 a fortnight rise in JobSeeker and extra rent assistance are highlights of a Labor budget that juggles targeted cost-of-living relief with containing inflation.

‘The government will triple the incentive paid to GPs to bulk bill for families with children under 16, pensioners and Commonwealth concession card holders.

‘The government says this will cover 11.6 million Australians and cost $3.5 billion over the forward estimates. It is part of an injection of $5.7 billion into the problem-ridden Medicare system.

‘The budget is aimed firmly at the most vulnerable and has a significant focus on women. However, those on middle incomes receive little – although families with children can benefit from the extra bulk billing.

‘The government has bowed to pressure for an across-the-board rise in JobSeeker. But the $40 a fortnight increase falls far short of the fortnightly $256 recommended by its Economic Inclusion Advisory Committee.

‘… Chalmers said the budget’s suite of measures to ease pressure on households would take 0.75 of a percentage point off inflation in 2023-24.’

The TJRyan Foundation does not guarantee the accuracy, currency or completeness of any information or material available on this website. The TJRyan Foundation reserves the right to change information or material on this website at any time without notice. Links from this site to external, non-TJRyan Foundation websites should not be construed as implying any relationship with and/or endorsement of the external site or its content by the TJR Foundation, nor any commercial relationship with the owners of any external site. Should any TJRyan research project be funded by an individual or organisation the source of funding will be stated beside the research report. In all other cases contributions are provided on a pro bono basis.
Receive the latest news

Subscribe To Our Newsletter

Get notified about new articles

This field is for validation purposes and should be left unchanged.