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Finance Minister says cost of living relief will not stoke inflation | The Business | ABC News

The Finance Minister Katy Gallagher says the Budget has delivered a more than $9 billion surplus but do not get used to it, given revenue is falling and spending will be going up. She says this Budget includes necessary cost of living measures including energy bill relief and rent assistance, that will not be inflationary. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2024-05-1... The government's Future Made in Australia program will be delivered through production tax credits and incentivising investment. The Minister says the program will be successful in taking Australia to net zero. #TheBusiness ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation. For more from ABC News, click here: https://ab.co/2kxYCZY Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1 Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2 Like ABC News on Facebook:   / abcnews.au   Follow ABC News on Instagram:   / abcnews_au   Follow ABC News on X (Twitter):   / abcnews   Note: In most cases, our captions are auto-generated. #ABCNews #ABCNewsAustralia