Treasurer Jim Chalmers Delivers Budget Address

CANBERRA, AUSTRALIA - OCTOBER 26: Prime Minister of Australia Anthony Albanese at Treasurer Jim Chalmers Budget Address at Parliament House on October 25, 2022 in Canberra, Australia. The Albanese government's first budget has a focus on cost of living relief, with Treasurer Jim Chalmers outlining a $7.5 billion subsidy package. Medicines will be made cheaper from January 1, 2023 with prescriptions to be capped at $30 while $33.6 million will go to medical research grants to help reduce the number of those affected by heart disease and stroke. For families and women, paid parental leave allowance will be expanded by six weeks up to 26 weeks, amounting to an extra $6499 and $15.8 million will fund projects to increase women's participation and representation in the workforce and leadership roles. (Photo by Martin Ollman/Getty Images)