ANZ Profit Tumbles to Lowest in Nearly Six Years

The video discusses ANZ's financial results, highlighting a significant drop in profits and increased bad debt charges. It also previews the Australian budget, noting the government's limited options and potential election call. The Reserve Bank of Australia's (RBA) decision on the cash rate is considered, with economic indicators like CPI, unemployment, and GDP growth analyzed.

What are some of the measures the Treasurer promised in the budget?

What economic indicators suggest that the Australian economy is performing reasonably well despite the low CPI?