Introduction

The economic news got worse this week, with the RBA unexpectedly raising interest rates and some dire economic forecasts.

So far, it looks like the economic assistance the government will offer in the upcoming budget will be targeted. It probably won’t raise JobSeeker — except for over 55s — and it’s unlikely to pause rising HECS debt.

So, after a decade or more of young people falling behind economically, will we see any help at all on budget night? And what are the political risks if the government doesn’t offer something?

Today, columnist for The Saturday Paper Paul Bongiorno on the priorities going into budget night – and what Anthony Albanese is thinking as he visits London.

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Guest: Columnist for The Saturday Paper, Paul Bongiorno.

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