Nadine Blaney

There is also a $1,000 instant deductible when filing in your tax reform or filling in, I should say, your tax reform each year.

And the Treasurer Chalmers suggested there would be another tax cut by the next election due in May 2028.

Now, in terms of the economic parameters, the cumulative deficit between now and 2030 is $150 billion, which is about $45 billion better than the most recent estimates.

And the underlying budget forecasts a return to balance by 2034-35.

And I suppose tax breaks for those older Australians.

So I'm like you.

I've been doing all the reading.

My inbox is chock-a-block with, you know, different releases from different lobbyist groups, from different sides of politics.

So what's the verdict?

A good or bad budget?

Reformist or Sean didn't do enough?

Who's that?

Yeah, really interesting.

And I thought it was interesting that the Treasurer Jim Chalmers started talking about the productivity package before he went into, you know, the capital gains changes, changes to negative gearing.

Because we know, you know, from listening to the Reserve Bank Governor Michelle Bullock and her predecessor and many politicians, even if it doesn't resonate with people, it's really productivity that needs to improve to ensure, you know.

What happened to that round table?

Well, I'm going to be listening to what Stephen Koukoulis, the kook, has to say about the budget.

So, yeah, put that on the list and we'll be back in a moment with the rest of the day's business news.

Well, business conditions in Australia have fallen for the fourth consecutive month as cost pressures hit the bottom line.

But, Sean, business confidence rose last month, albeit from very low levels, and confidence does remain deeply negative.