In a heated exchange during parliamentary questioning, the Reserve Bank of Australia admitted it has not modelled the economic impact of reducing federal government spending. 

Economic futurist Evan Lucas joined Jason Matthews on 4BC Breakfast to analyse the fallout, explaining that while the central bank cites a lack of resources, real fiscal reform would require tackling major budget line items like the age pension and welfare.

In a heated exchange during parliamentary questioning, the Reserve Bank of Australia admitted it has not modelled the economic impact of reducing federal government spending. 
Economic futurist Evan Lucas joined Jason Matthews on 4BC Breakfast to analyse the fallout, explaining that while the central bank cites a lack of resources, real fiscal reform would require tackling major budget line items like the age pension and welfare.

If it's happening in Brisbane, you'll hear about it first on 4BC Breakfast.

If it's happening in Brisbane, you'll hear about it first on 4BC Breakfast.

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4BC Breakfast with Jason Matthews

Pensions on the chopping block? The explosive truth about Australia's ballooning welfare budget

Listen to 4BC Breakfast with Jason Matthews weekdays from 5:30am-9am.

Listen to 4BC Breakfast with Jason Matthews weekdays from 5:30am-9am.

 FULL SHOW: 4BC Breakfast with Jason Matthews, October 28th, 2026

In a fiery breakdown of recent Senate Estimates and political fallout, commentators Calista Clements and Jason Matthews on 4BC Breakfast slam Canberra's handling of controversial breastfeeding definitions under the Sex Discrimination Act. 

The pair also condemn a near-$35 million Pre-COP31 "junket" in Fiji plagued by empty rooms, poor stream numbers, and luxury stays, before offering a brief look ahead at Victoria's changing political landscape.

In a fiery breakdown of recent Senate Estimates and political fallout, commentators Calista Clements and Jason Matthews on 4BC Breakfast slam Canberra's handling of controversial breastfeeding definitions under the Sex Discrimination Act. 
The pair also condemn a near-$35 million Pre-COP31 "junket" in Fiji plagued by empty rooms, poor stream numbers, and luxury stays, before offering a brief look ahead at Victoria's changing political landscape.

How a ‘ghost-town’ climate summit blew out to nearly $35 million while families struggle to afford food

Following a delegation to Canberra, registered tax agent Belinda Rasso joined Jason Matthews on 4BC Breakfast to reveal that Treasurer Jim Chalmers seemed completely unaware of the damaging consequences the proposed 30% trust tax will inflict on ordinary small businesses. 

With Senate submissions closing and up to a million jobs potentially on the line, Rasso is urging owners across the nation to lobby their MPs for an urgent $10 million turnover exemption before the vote.

Following a delegation to Canberra, registered tax agent Belinda Rasso joined Jason Matthews on 4BC Breakfast to reveal that Treasurer Jim Chalmers seemed completely unaware of the damaging consequences the proposed 30% trust tax will inflict on ordinary small businesses. 
With Senate submissions closing and up to a million jobs potentially on the line, Rasso is urging owners across the nation to lobby their MPs for an urgent $10 million turnover exemption before the vote.

Pensions on the chopping block? The explosive truth about Australia's ballooning welfare budget

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