Jim Chalmers has handed down the Labor government’s election budget.

Front and centre was a surprise tax cut for all Australians, along with many of the measures we’ve been promised, including a boost to Medicare, energy bill relief, housing support and student debt reductions. 

As the government makes its pitch for re-election, gross public debt is forecast to hit $1 trillion next year, and a decade of deficits loom.

Today, columnist for The Saturday Paper Paul Bongiorno on what’s in the budget for you — and how it will sway the government’s chances at re-election.

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Guest: Columnist for The Saturday Paper, Paul Bongiorno.

Photo: AAP Image/Lukas Coch