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Treasurer Jim Chalmers has shared a special family moment with his wife Laura, daughter Annabel and son Leo after delivering Labor's first budget in almost a decade.
More than 10 million Australians face a tax hike of up to $1,500 after Tuesday night's Federal Budget as taxpayers get little in the way of direct help in battling the rising cost of living.
Working parents, soon-to-be mums and dads and home buyers are the big winners of Labor's first Budget in almost a decade.
Prime Minister Anthony Albanese and his ministers believe they are ready to launch into the task of budget repair after inheriting a structural deficit and record levels of debt.
Labor has promised 'responsible' measures to help Australians cope with the worst inflation in 32 years. The Budget will see new spending on childcare and subsidised medicine but no 'cash handouts'.