The target cash rate is up to a 15-year high and unemployment is up too - but the Treasurer says the budget’s looking better than even he expected. Why? Record tax revenue - and a big chunk of it is from all of our superannuation accounts. Economics correspondent Matthew Cranston is here.
Read more about this story at theaustralian.com.au and see the video by subscribing to our YouTube channel.
Deficit $6bn lower ahead of expected rate hike, Treasurer Jim Chalmers says
Jim Chalmers’ deficit reduction helped by increased superannuation tax take
Commentary by Matthew Cranston: Jim Chalmers’ higher-than-expected tax take in final budget outcome comes from super
Interest rates rise to 4.6 per cent, 15-year high, in blow to homeowners and Anthony Albanese
This episode of The Front is presented by Claire Harvey, produced by Kristen Amiet and edited by Joshua Burton. Our team includes Lia Tsamoglou, Tiffany Dimmack, and Jasper Leak, who also composed our music.

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