Chalmers is handing down the federal budget – here’s what we know so far

There will be energy bill relief and a cap on the price of medicines at the treasurer’s big reveal on Tuesday, but Australia is heading back into deficit

The treasurer, Jim Chalmers, will hand down his fourth budget on Tuesday, which doubles as a launchpad for the Albanese government’s re-election campaign.

Ahead of the big reveal at 7.30pm on Tuesday, here’s a rundown of what we know so far.

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