With the Labor Party winning the May Federal election, the new Albanese Government announced that they would deliver their own 2022-23 Federal Budget.
This Budget was handed down by Treasurer Jim Chalmers last night, Tuesday 25 October at 7:30pm (AEDT).
In the Budget, the Government outlined their policy priorities and a raft of proposed measures centred on ‘Building a better future’:
Below we cover the most notable proposed measures, including measures announced by the previous Government which will now be reversed or delayed.
If you have any questions about how these proposed measures may affect you, don’t hesitate to get in touch.
On 25 October 2022, Treasurer Jim Chalmers handed down an updated 2022-23 Federal Budget. Read about what these proposed measures could mean for you.
Watch the ABC News segment on Labor’s 2022-23 Federal Budget and some of the proposed measures that underpin Labor’s promise of ‘Building a better future’.