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The Guardian - AU
The Guardian - AU
National
Antoun Issa

Afternoon Update: Labor confirms welfare payment increase; Melbourne lockdown residents compensated; and Game of Thrones prequel paused

Generic photograph of piggy bank and money for budget story
The Albanese government has forecasted lower than expected inflation for the next financial year in the lead-up to its budget announcement. Photograph: Mike Bowers/The Guardian

Happy budget day. Ahead of the budget release tonight, the government has confirmed there will be increases to welfare payments while forecasting lower than expected inflation in 2023-24.

The details of the welfare payments, and everything else budget-related, will be revealed after 7.30pm AEST tonight on our special budget page, or you can read the Morning Mail tomorrow and we’ll have a wrap of the key points.

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