Government Unlikely to Deliver More Living Cost Relief: Treasurer

The treasurer said the government needed to calibrate the budget settings in accordance with the current economic conditions and budget constraints.

Australian Treasurer Jim Chalmers hands down the 2023 Budget in Canberra, Australia, on May 9, 2023. Martin Ollman/Getty Images

Treasurer Jim Chalmers has hinted that the federal government is unlikely to provide more living cost relief to Australians in the coming period.

This comes as the treasurer is holding a meeting with his Labor colleagues to discuss how the government should tackle the current cost of living crisis.