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AAP
AAP
Politics
Jacob Shteyman and Kaaren Morrissey

BIZARRE: Investor tax hikes boost home ownership hit supply - What They Never Told You

Jim Chalmers Labor Master Builders Australia
Analysts say the budget won't reduce the chances of another rate hike from RBA's Michele Bullock. (Susie Dodds/AAP PHOTOS)

Treasurer Jim Chalmers is defending an extra $18 billion in government spending next financial year despite warnings it will make the Reserve Bank's fight against inflation harder.

The federal budget on Tuesday revealed government spending will climb to $829.6 billion in 2026/27, billions more than forecast in December's mid-year update.

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