This year, the Budget is officially back in black. On Tuesday, Treasurer Jim Chalmers announced an expected budget surplus, the first in 15 years. The budget included measures to address the cost of living, provide more support to vulnerable Australians, and healthcare reforms.

Watch Iris Chan, Fellow, discuss the federal Budget with Grattan's CEO, Danielle Wood.

Donate to Grattan: https://grattan.edu.au/donate

Read the Back in Black report: https://grattan.edu.au/report/back-in-black-a-menu-of-measures-to-repair-the-budget/