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ABC News Daily - 'Highway to hell': Labor's first budget

'Highway to hell': Labor's first budget

10/25/22 • 13 min

1 Listener

ABC News Daily
Surging inflation, rising unemployment and a debt mountain that's becoming more expensive with each passing month: the first Labor budget in a decade is a bracing read. Seven months ago, the Treasurer Jim Chalmers' predecessor was promising everyone would be a winner. So what changed? Today, the ABC's business editor, Ian Verrender, on the treacherous landscape ahead for Australian households. Featured: Ian Verrender, ABC business editor
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Surging inflation, rising unemployment and a debt mountain that's becoming more expensive with each passing month: the first Labor budget in a decade is a bracing read. Seven months ago, the Treasurer Jim Chalmers' predecessor was promising everyone would be a winner. So what changed? Today, the ABC's business editor, Ian Verrender, on the treacherous landscape ahead for Australian households. Featured: Ian Verrender, ABC business editor

Previous Episode

undefined - How renters are being left out in the cold

How renters are being left out in the cold

Treasurer Jim Chalmers says he's prepared his government's first budget with an abundance of caution, meaning there will be very little to assist Australians with the surge in the cost of living. Today, we look at one area of concern, the rapid increase in rental costs, and ask ABC business reporter Emily Stewart whether the Government can do anything to help. Featured: Emily Stewart, ABC business reporter

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undefined - The murdered women Australia doesn't count

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In Canada, they call it genocide. There, the widespread killings and disappearances of Indigenous women have been blamed on the state itself. But here, we don't even bother to keep data on the hundreds of Aboriginal women murdered or who go missing. Today, ABC Indigenous affairs editor and Dja Dja Wurrung and Yorta Yorta woman, Bridget Brennan, on her Four Corners investigation into those who've been lost. Featured: Bridget Brennan, ABC Indigenous affairs editor

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