Treasurer says next week’s budget will save more than it spends. Follow today’s news live
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Japan’s prime minister Sanae Takaichi has arrived in Australia for her first visit as leader as the two nations seek to shore up energy and defence ties.
Takaichi was greeted by foreign minister Penny Wong when she landed in Canberra on Sunday evening ahead of a meeting with prime minister Anthony Albanese at Parliament House today, AAP reports.
Responsible economic management has been a hallmark of this Albanese Government and the May Budget will be our most responsible yet.
We’re getting the budget in better nick because that helps to fund the things that Australians need and deserve like Medicare, aged care and cost-of-living relief.
In this Budget you’ll see more responsible economic management and more restraint from the Albanese Government.
Continue reading...source https://www.theguardian.com/australia-news/live/2026/may/04/australia-news-live-jim-chalmers-budget-inflation-labor-cost-of-living-interest-rates-bondi-shooting-royal-commission-antisemitism-ntwnfb
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