PoliticsNow: Treasurer Jim Chalmers vows cost-of-living relief in budget after shock rate rise

The federal budget will contain cost-of-living measures to ease the strain on Australians, Jim Chalmers says, after the Reserve Bank's 11th rate rise in a year.

Jim Chalmers says 'the rate rise is really a pretty stark, pretty brutal reminder of the difficult economic conditions that we can find ourselves in as we finalise the budget'. Picture: Dylan Coker

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