Today’s jobs numbers show we are still creating new jobs even as the unemployment rate ticks up and the labour market softens. It’s remarkable that amidst all the uncertainty, the Anthony Albanese Australian Labor Govt has still overseen the creation of 820k new jobs #ausecon #auspol

We know that many Australians are under pressure, but because of the #Budget2024 last night, more help is on the way. Our responsible Budget is all about easing cost of living pressures, fighting inflation and investing in the future. #auspol #ausecon Australian Labor

Busy morning of TV with Anthony Albanese talking about all the ways #Budget2024 will help to ease the cost of living for Australians - with tax cuts for all taxpayers, energy rebates for all households, and some extra help to pay the rent. Australian Labor #auspol #ausecon Michael Rowland

Today’s wages data shows annual real wages are now growing even more strongly in the March quarter after falling dramatically under our predecessors.

This is why our plans to ensure more Australians earn more and keep more of what they earn are so important.

#auspol #ausecon

On The Today Show with Karl Stefanovic and Sarah Abo shortly. #auspol #ausecon #Budget2024

I’ll be on Sky News Australia with Peter Stefanovic soon. #auspol #ausecon #Budget2024

Up shortly with nat barr on Sunrise. #auspol #ausecon #Budget2024

I’m speaking with Michael Rowland on abctv News Breakfast this morning. #auspol #ausecon #Budget2024

Speaking to Patricia Karvelas on ABC News RN Breakfast now. #auspol #ausecon #Budget2024

This #budget2024 is all about helping Australians with the cost of living and fighting inflation. #auspol #ausecon

In case you missed it, here are just some of the ways that #budget2024 provides meaningful cost of living relief for people across the country. #auspol #ausecon

Up shortly with Sarah Ferguson on ABC News. #auspol #ausecon #Budget2024

This Budget shows we are realistic about the pressures people face now – and optimistic about the future.

It reflects our biggest ambitions and our highest aspirations –

To make Australians the primary beneficiaries of a world of churn and change.

On our watch, the Budget is $215b stronger over the six years to 2027–28.

Gross Debt is now expected to peak at 35.2 per cent of GDP in 2026–27 before declining to 30.2 per cent by 2034–35.

This year gross debt will be $904b instead of the more than one trillion we inherited.

Last year, our responsible economic management delivered the first surplus in 15 years.

We now expect another surplus, of $9.3 billion this year.

These would be the first back-to-back surpluses in nearly two decades.

We will also make new investments in health, housing, education, and jobs for Aboriginal and Torres Strait Islander people.

As well as more remote housing, we’re creating the new Remote Jobs and Economic Development Program.

For those who face additional barriers to finding work, we’re providing $41 million to further extend eligibility for the existing higher rate of JobSeeker.

When it comes to those first months of your child’s life, you can’t put a price on being there.

And you shouldn’t pay a price for being there.

That’s why we’ve provided $1.1 billion to pay super on Government-funded Parental Leave.