Australian Treasurer Jim Chalmers has stated that the government is currently not considering more living cost relief but instead will focus on repairing the budget to alleviate the pressure facing households.
This comes as the federal Labor government is expected to deliver a budget surplus of around $20 billion (US$13.46 billion) for the 2022-2023 financial year, an improvement of $52 billion compared to the deficit of $32 billion in the previous year.
Mr. Chalmers has rejected calls for more government handouts to households struggling with the high cost of living. He also noted that the huge surplus had not come at the expense of helping people….