Finance Minister Katy Gallagher says the government can't fix everything in one budget and they are making progress towards sustainability.
The Albanese government's second budget, which forecasts a surplus this year, seeks to tackle women's inequality, reduce inflation and lay the foundations for growth as the global economy slows.
A modest increase in unemployment benefits and cheaper health care are the centrepieces of a federal budget tasked with helping the nation's most vulnerable as living costs continue to hurt households.
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The Albanese government's second budget, which forecasts a surplus this year, seeks to tackle women's inequality, reduce inflation and lay the foundations for growth as the global economy slows.
A modest increase in unemployment benefits and cheaper health care are the centrepieces of a federal budget tasked with helping the nation's most vulnerable as living costs continue to hurt households.
Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/business
ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation.
For more from ABC News, click here: https://ab.co/2kxYCZY
Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1
Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
Like ABC News on Facebook: http://facebook.com/abcnews.au
Follow ABC News on Instagram: http://instagram.com/abcnews_au
Follow ABC News on Twitter: http://twitter.com/abcnews
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia
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