The March 29 budget will contain “targeted and proportionate” help for families with cost of living pressures and move fiscal policy towards stabilising and reducing debt.
These are the messages in Treasurer Josh Frydenberg’s speech, released before its Friday delivery, laying out the priorities and fiscal setting of the budget, which will be a launch pad for the government’s campaign for the May election.
“The time for large scale, economy-wide emergency support is over,” Frydenberg says, pointing to where the government has already ended emergency measures and rejected requests for more support.
