BUDGET: Four things Neil Mitchell took from his interview with the Federal Treasurer

Federal Treasurer Jim Chalmers joined Neil Mitchell this morning to answer questions on the budget he handed down last night, which was the first federal Labor budget in almost a decade.

Neil Mitchell says four things stood out to him.

Press PLAY below to hear Neil Mitchell’s  “reading between the lines” budget interpretation

“One, reading between the lines, they will look at a cap on power prices,” the 3AW Mornings host said.

“Two, there is a good chance of tax rises for what are deemed to be high income earners — I don’t know what high income earners are.

“Three, there will be more cuts.

“Four, to interpret the treasurer, I would say Victoria, probably Daniel Andrews … has signed off on the cuts to infrastructure such as that Monash-Caulfield rail link, such as the Wellington Road job, such as the Glenferrie Road level crossing.”

Press PLAY below to hear Neil Mitchell’s conversation with the Treasurer

Image: Martin Ollman/Getty Images