Australia's Treasurer on Federal Budget, China Relations

The video discusses Australia's budget priorities, focusing on cost of living relief, economic growth, and sustainable management. It highlights improvements in the budget due to labor market gains and addresses structural challenges. The need to diversify revenue sources beyond commodities is emphasized, along with investments in technology and skills. The video also explores the Australia-China economic relationship, stressing the importance of stable, diverse markets.

What are the priorities mentioned for the future economy in the budget?

What role does the Chinese economy play in Australia's budget according to the text?