The Treasurer Jim Chalmers has given an economic forecast, and warning: there are cloudy days ahead. Tom joins Sam and Zara straight from Parliament House to break down the numbers and the politics, so you don't have to.

But we'd also love to know how the current economic situation is playing out in your life. You can complete our cost of living poll here; we really appreciate your time.

Follow us on Instagram and join 380,000 Australians @thedailyaus

Learn more about your ad choices. Visit megaphone.fm/adchoices

See omnystudio.com/listener for privacy information.