View from The Hill: Chalmers' budget delivers modestly to the vulnerable while keeping the inflation ogre in mind
The government has delivered measures to ease cost-of-living pressures on the most vulnerable, including on income support and rent assistance.
- The government has delivered measures to ease cost-of-living pressures on the most vulnerable, including on income support and rent assistance.
- Treasurer Jim Chalmers says it’s a balance between “doing what we can for the people doing it tough and keeping the pressure on inflation”.
- But another bunch of critics, loud among them the opposition, will insist the budget wasn’t responsible enough – that it in fact squibs the inflation fight.
- While Chalmers insists his cost-of-living measures are restrained, some economists will maintain they’ll in fact add to the inflation problem.
- Those in the centre of the income scale, feeling squeezed by escalating interest rates, may feel left out in this budget.
- But if the budget doesn’t deliver much to these people, not does it overtly poke them in the eye.