CANBERRA, ACT, Dec. 14 -- The Treasurer of Australia issued the following transcript:
Note
Subjects: mid‑year budget update, ban on supermarkets price gouging, cash mandate, travel entitlements
Jim Chalmers:
On Wednesday, Katy Gallagher and I will be handing down the seventh budget update of the Albanese Labor government. This budget update is all about delivery, responsibility and restraint. It won't be a mini budget. There's not a lot of new stuff in there, but there is a lot of hard yards to make room for our priorities, to deliver on our commitments and also to make sure that we can accommodate some of these big upward pressures on the budget.
There's about $35billion worth of pressures from estimates variations. If you take ...