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Jim Chalmers and Jane Hume on Labor’s first full-year budget

Australian Politics

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The Budget Is on a More Responsible, Sustainable Footing

There's three ways that you can put the budget on a more responsible, sustainable footing. The major one for us is spending restraint when we get upward revisions to revenue. That's also combined with modest but meaningful tax changes in this budget. On Tuesday night, you referred to more work to do, but substantial progress on some of the structural issues with the budget. Do you think revenue measures or cutting spending will have a bigger contribution to budget repair moving forward?

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