It’s a tough time to be Jim Chalmers
Apr 4, 2026 •
For months, Jim Chalmers has been trying to write a budget about the future – productivity, reform, repair.
But events have a way of dragging budgets back into the present. And right now, the present looks expensive.
People are still under pressure. The economy’s been hit by another oil shock. And the Treasurer is trying to make the case for restraint without looking like he’s asking Australians to wear even more pain.
So will Jim Chalmer's upcoming budget be one of reform - or crisis management?
Today, senior economics correspondent for The Age and The Sydney Morning Herald, Shane Wright, on what kind of budget this moment demands.
If you enjoy 7am, the best way you can support us is by making a contribution at 7ampodcast.com.au/support.
It’s a tough time to be Jim Chalmers
1869 • Apr 4, 2026
It’s a tough time to be Jim Chalmers
For months, Jim Chalmers has been trying to write a budget about the future – productivity, reform, repair.
But events have a way of dragging budgets back into the present. And right now, the present looks expensive.
People are still under pressure. The economy’s been hit by another oil shock. And the Treasurer is trying to make the case for restraint without looking like he’s asking Australians to wear even more pain.
So will Jim Chalmer's upcoming budget be one of reform - or crisis management?
Today, senior economics correspondent for The Age and The Sydney Morning Herald, Shane Wright, on what kind of budget this moment demands.
If you enjoy 7am, the best way you can support us is by making a contribution at 7ampodcast.com.au/support.
Guest: Senior economics correspondent for The Age and The Sydney Morning Herald, Shane Wright.
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7am is a daily show from Solstice Media.
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