Cost of Living Relief will be one of the priorities in the upcoming budget, to be handed down next month in Canberra.

Treasurer Jim Chalmers has made the comment, after a short visit to Washington DC for a meeting with Global Leaders.

and he’s warned of incredibly weak economic growth over the next five years.

Cost of living relief, growing the economy and ensuring Australia is more resilient to international shocks have been highlighted as the three main priorities of his second budget, to be handed down next month in Canberra.