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Prime Minister Anthony Albanese has said the government will deliver another budget in March next year, rather than May as scheduled. Federal Treasurer Jim Chalmers handed down his third budget on Tuesday — the second Tuesday in May as has been the tradition for federal budgets since 1994, except when it clashes with the timing of an election.
Albanese touted the government’s big budget measures including the stage three tax cuts and $300 energy credit. Small businesses will also get a $325 rebate on their electricity bills. “That’s what we’ve got in this budget, a tax cut for every Australian taxpayer,” Albanese said. “We have energy bill relief for every household. We have strengthening of Medicare in every community. “We have more homes right around Australia. All while delivering a $9.3 billion projected surplus.
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