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AAP
AAP
Andrew Brown, Tess Ikonomou and Jacob Shteyman

Treasurer warned on household handouts ahead of budget

Treasurer Jim Chalmers says the upcoming federal budget will focus on fighting inflation. (Lukas Coch/AAP PHOTOS)

The treasurer has played down reports all taxpayers could receive a one-off investment in the upcoming budget, as the Reserve Bank warns against a cash splash for households.

With one week until Jim Chalmers hands down his fifth budget, speculation has emerged every person who earns a salary and pays tax will receive an earned income offset of between $200 and $300.

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