Federal Budget 2024 LIVE: Jim Chalmers to deliver $9.3billion surplus

Jim Chalmers has spoken to reporters less than 12 hours out from the Budget being delivered.

‘I say to the Australian people we know that you’re doing it tough. More help is on the way in the Budget,’ Dr Chalmers said.

‘Cost of living relief will be substantial but it be will responsible.’

Dr Chalmers said he was striking a series of fine balances in the Budget.

‘Strengthening Medicare and building more homes, reforming our universities and strengthening our skills base.

‘There are a number of tasks but none more important than the inflation fight and easing cost of living.

‘What you’ll see in the Budget will be part of the solution to inflation rather than part of the problem.’