
Jim Chalmers has less than a month left before he delivers what will be his make-or-break budget. Thanks to the election timing, it will be his only opportunity this term to take any of the bold reform steps the nation needs to support an ageing population from a shrinking tax base.
Dr Chalmers’ first budget (after a May election) last October was just a warm-up act. The budget he delivers in May 2024 will be written to secure a second Labor term sometime in the ensuing year.