Delivering a surplus for the first time in 15 years, Treasurer Jim Chalmers unveiled the first major budget since the government’s election victory in May 2022, and it aims to tackle the cost-of-living crisis, deliver the energy transition and strengthen national defence. With sensibility, reprioritisation and impact driving the budget, will all of the new government’s commitments be realised in the year to come – which is almost certain to be plagued by economic uncertainty and global unrest?
