Economist calls budget 'a budget of two horizons'

Treasurer Jim Chalmers has put productivity at the heart of his federal budget address, with initiatives to speed up housing approvals and slash red tape for business. Unions and welfare groups have welcomed the extra cost of living relief, including an ongoing $250 tax offset for more than 13 million Australians from 2028. Guests: Luci Ellis, Chief Economist at Westpac Producer: Jason Whittaker