Australian Opposition Backs Budget Cost of Living Relief

The transcript discusses the importance of the budget reply speech, highlighting gaps in long-term economic planning. It emphasizes the need for cost of living relief without exacerbating inflation and outlines a plan for economic growth through investment in skills, energy, and digital infrastructure. The discussion also covers revenue strategies, focusing on multinational tax fairness, and acknowledges ongoing budget deficits. Additionally, it addresses climate policy and the complexities of managing relations with China, emphasizing the need for a productive relationship due to economic ties.

What is the speaker's view on the current budget deficit?

What are the key components of the 'powering Australia plan'?

What challenges are mentioned regarding the relationship with China?