In the worst cost of living crisis in several generations, Labor are cutting taxes for the rich, spending $368 Billion on nuclear subs and signalling the need for tougher “fiscal restraint” in the future. Yet the ALP's second budget has been touted as “responsible but compassionate” for delivering a surplus while throwing a few insulting crumbs to the poorest welfare recipients.

We spoke to Red Flag editor Ben Hillier about why Labor’s budget continues the class war against workers and the poor. We take a look at some of the budget's false promises, the arguments around inflation, and why the liberal media are suckers for the ALP's social neoliberalism.

Check out the Red Flag coverage of the budget and related issues:

• Labor's budget for the rich

Note - We recorded this episode before Dutton had made his budget reply, so we didn't talk about the Liberals or their new racist campaign to link cost-of-living woes with immigration. But expect future episodes to address this and other budget adjacent issues!