Politics with Michelle Grattan:Jim Chalmers, Angus Taylor and Danielle Wood on the budget

Treasurer Jim Chalmers says of his first budget: “Inflation is the dragon we need to slay”. Chalmers’ worry about inflation was reinforced by Wednesday’s release of the September quarter CPI, which showed inflation at 7.3%. In this podcast, we talk to Chalmers, shadow treasurer Angus Taylor, and the head of the Grattan Institute Danielle Wood. Among the topics we canvass are the budget’s broad fiscal settings, the huge increases in power prices it forecasts, the pressures for tax and spending reforms in future budgets, the government’s housing initiative, and the implications of the childcare policy for women’s workforce participation. Mentioned in this episode:Your support mattersSupport non-profit journalism you can trust. Donations 2025The Making of an AutocratSearch: "The Conversation Weekly" for our new series. Is America watching its democracy unravel in real time? In The Making of an Autocrat from The Conversation, six of the world’s pre-eminant scholars reveal the recipe for authoritarian rule. From capturing a party, to controlling the military, Donald Trump is borrowing from the playbook of strongmen thoughout history. This is the story of how democracies falter — and what might happen next.