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Tough Choices

Treasurer Jim Chalmers and PM Anthony Albanese talk to two kids. Chalmers says, 'Kids, we need to level with you. There's a lot going on in the world right now. There's a power crazy lunatic in the White House who threatens the world order, and even our way of life…' Albanese says, 'We might need to make some tough choices…' Chalmers says, 'Just kidding. Who wants cake and ice cream?'

On 25 March the government announced the federal Budget for 2025–26, which delivered tax cuts, energy bill relief, a Medicare boost, housing support and investment in education. It was seen as a ‘sugar hit’ because of the significant tax cuts for every taxpayer – a Budget with the upcoming election in mind.