20 Dec 2023

Mini budget: Finance minister pledges multi billion economic repair job

From Checkpoint, 5:08 pm on 20 December 2023

The new Finance Minister has pledged a multi-billion dollar economic repair job, carving out an initial $7.5 billion of savings to help deliver tax cuts.

The details of how those tax cuts will be rolled out next year though were notably absent from today's mini-Budget, with that to come in the full May Budget next year.

It comes as Treasury warns that economic conditions and the government's finances are worse-than-expected.

Here's our deputy political editor Craig McCulloch.