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AM is Australia's most informative morning current affairs program. AM sets the agenda for the nation's daily news and current affairs coverage.

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Budget spends big to ease cost-of-living pressures

Energy bill relief, increased rent assistance and tax cuts for all - it's a Federal Budget aimed at easing cost-of-living pressures but the big question for economists is whether it's going to help the Reserve Bank curb inflation?

Published: with Sabra Lane

Duration: 20 minutes 15 seconds

Cost of living relief but at what inflation cost

Energy bill discounts, additional rent relief and higher rates of Jobseeker are among the budget's additional 7.8 billion dollar cost of living relief measures.

Published: by Nicole Hegarty

Jim Chalmers looks down and laughs at a press conference.
Duration: 3 minutes 7 seconds

Has Chalmers threaded the inflation needle?

So has the Treasurer Jim Chalmers threaded the inflation needle with the budget?

Published: by Sabra Lane

A woman with long brown hair, wearing a cream jacket over a brown top, has her arms folded and smiles to the camera.
Duration: 4 minutes 10 seconds

'Bandaid on a bullet wound': Peter Dutton

The Opposition Leader Peter Dutton says he'll support the energy rebate bill but that it won't compensate for the effect of the renewables-only policy the government has implemented.

Published:

Peter Dutton speaks in a courtyard at Parliament House
Duration: 6 minutes 15 seconds

Mixed budget views in marginals

So how is the budget being received by those outside of politics? We spoke to people in parts of Sydney and Brisbane about what they like and don't like from the budget. 

Published: by Annie Guest and Rachel Hayter

Jim Chalmers and Anthony Albanese sit on a couch holding the budget booklets. They are smiling.
Duration: 2 minutes 48 seconds

Could the budget stoke rather than tame inflation?

While last night's Budget was no "cash splash", global ratings agencies worry the spending measures could add slightly to inflation and public debt.

Published: by Peter Ryan

Collage of Jim Chalmers in black and white, coins, column graph, cloud and red circle in background.
Duration: 2 minutes 51 seconds

Anti-Israel vandalism spree in Melbourne

There have been a series of anti-Israel vandalism incidents across Melbourne this morning.

Published: by Oliver Gordon

A large sign that says 'you are now entering free gaza encampment' with a few tents in the background and a Palestine flag.
Duration: 2 minutes 39 seconds

Trump described as 'cheetos dusted cartoon villain' during trial

Donald Trump's former lawyer, Michael Cohen, has admitted lying to Congress and publicly disparaging Donald Trump during his evidence at the former President's hush-money trial in New York.

Published: by Carrington Clarke

A sketch of two men sitting side-by-side in suits looking at a cheque
Duration: 2 minutes 34 seconds
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