Explainer: A closer look at the new federal budget

Treasurer Jim Chalmers emphasized that the federal budget released yesterday will be able to ease the pressure on the cost of living for people living in Australia — without increasing inflation. SBS reporter Daniel Georgakos took a close look at the new budget.

The new budget has an impact on almost all much-discussed topics. From healthcare, social assistance and socially supported housing, to defense, climate and immigration issues. Source: AAP / MICK TSIKAS/AAPIMAGE