Balanced News: Federal budget to provide cost-of-living relief to ‘people doing it toughest’

The Federal budget provides financial support to households and businesses with rising energy bills, aiming to ease the cost of living pressures faced by the nation’s most vulnerable. The budget includes a “on-off payment” or a “subsidy” for those affected, as well as changes to the fossil fuel super tax and defence spending. The unemployment rate is expected to be lower than expected in the budget, which could lead to a surprise surplus.