Labor’s Dropped Its First Federal Budget In A Decade So Here Are 6 Takeaways For Young Aussies

Treasurer Jim Chalmers has delivered Labor’s first Federal Budget in a decade tonight. It outlines the government’s intentions for raising revenue (from taxes) and how it plans to spend that money for the remainder of the financial year, as well as its broader vision for the future.  He said right from the outset it would be a conservative and “responsible” budget, meaning they wouldn’t actually be spending much given the state of the world and our economy.