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The New Daily
The New Daily
Matthew Elmas and Stephanie Richards

Federal budget 2022: What’s in it for you in Labor’s first budget in almost a decade

Jim Chalmers' budget delivers on Labor's election promises. Photo: TND/Getty

Treasurer Jim Chalmers has handed down Labor’s first budget in almost a decade, saying it provides “responsible, not reckless” cost-of-living relief.

Amid fears of a global downturn and rising inflation, Dr Chalmers has sought to restrain spending while delivering on some of Labor’s cornerstone election promises.

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