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There are big changes in Treasurer Jim Chalmers’ fifth federal budget, and not everyone will be happy. Here’s what you need to know.

While the government tightens its belt amid an inflation surge, a worst-case scenario would see Australia just narrowly avoiding a recession. Read about the potential impact on the economy.

Australians who earn a wage will get $250 in tax relief as part of Labor’s budget, but investors and wealthy families could be left worse off.

Two supports for small businesses will be made permanent as part of a $3.5 billion tax relief package outlined in the federal budget.