She's On The Money

We Asked the Finance Minister What This Budget Really Does For You

Apr 1, 2025

In this engaging discussion, Katy Gallagher, Australia's Finance Minister and advocate for women's economic equality, breaks down the latest federal budget. She explains HECS indexation changes and introduces rent relief and energy bill support. The talk dives into women's health funding, from contraception to menopause therapies, and how a $27 billion deficit isn't entirely bad news. Katy addresses cost-of-living concerns and manages inflation while highlighting the importance of strategic investments. It's a no-nonsense approach to understanding how these changes affect everyday Australians.

29:38

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Episode guests

Katy Gallagher

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Episode notes

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Quick takeaways

The podcast emphasizes the collaborative roles of the Finance Minister and Treasurer in managing the budget while ensuring transparency in financial decisions.

A significant focus of the budget is on women's health, with initiatives aimed at reducing costs for treatments and medications specific to women's needs.

Deep dives

Understanding the Roles in Budget Management

The podcast clarifies the distinction between the Minister for Finance and the Treasurer, highlighting their collaborative relationship in budget management. The Minister for Finance is responsible for the overall money management process, focusing on the sources of revenue and savings, while the Treasurer primarily leads national economic policy. This division of responsibilities allows for a more detailed approach in economic oversight, and the Minister for Finance emphasizes the importance of being involved in all matters across government departments. This collaboration ensures that crucial financial decisions are made effectively and transparently.

Intro

3min

Navigating Economic Policy and Gender Equality

16min

Empowering Women's Health through Budgetary Reform

7min

Balancing Economic Responsibility with Community Needs

3min

Reflecting on Budget Insights and Financial Empowerment

2min

Are you still trying to get your head around what this budget means for you? Well Victoria went straight to Parliament House to sit down with Finance Minister & Minister for Women Katy Gallagher and ask the questions we actually care about... no fluff, no jargon, just real answers about what this budget means for you. They cover everything from HECS indexation changes and rent relief to energy bill support, women’s health funding, and that massive $27 billion deficit. And yes she straight-up asked if it’s all just pre-election hype.

They unpack:
💰What the Finance Minister actually does
💰Can we get cost-of-living relief without wrecking inflation?
💰That $27B deficit (and why it’s not just bad news)
💰Big wins for women’s health: endo, menopause, bulk billing
💰Rent support, housing plans, and the long game
💰Why your groceries cost so much and what’s being done

Hit play if you’re over the headlines and want to know what this budget actually means for your money.

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Acknowledgement of Country By Natarsha Bamblett aka Queen Acknowledgements.

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