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It’s a tough time to be Jim Chalmers

Apr 03, 2026 · 17m

<p>For months, Jim Chalmers has been trying to write a budget about the future &ndash; productivity, reform, repair.</p> <p>But events have a way of dragging budgets back into the present. And right now, the present looks expensive.</p> <p>People are still under pressure. The economy&rsquo;s been hit by another oil shock. And the Treasurer is trying to make the case for restraint without looking like he&rsquo;s asking Australians to wear even more pain.</p> <p>So will Jim Chalmer's upcoming budget be one …

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