It was a Budget light on reform, perhaps unsurprising since the government hadn't wanted to deliver one at all. But when Tropical Cyclone Alfred scuppered plans to call an election, it confirmed that Treasurer Jim Chalmers would be delivering a rare fourth budget in the three year term.

Fear & Greed's resident economist Stephen Koukoulas, Managing Director of Market Economics and a former economic adviser to a Prime Minister, joins Sean Aylmer to analyse the Budget, including what it tells us about the outlook for the economy.