Greens leader Adam Bandt is the next politician to drop by the ABC,speaking to David Speers on the budget edition ofInsiders.

Bandt said the announcements are “Band-Aid measures”,using similar language to shadow treasurer Angus Taylor,who earlier called the budget “a Band-Aid for a bullet hole”.

Bandt continued:

Labor’s Band-Aid budget is a betrayal of people who are doing it tough and a betrayal of renters,mortgage holders,women,students.

Labor’s budget backs unlimited rent increases,supermarket prices are going to continue to rise. Labor’s tightening your belts while letting big corporations and billionaires run wild. There’s a lot more that could have been done to tackle the cost of living crisis.”

Shadow treasurer Angus Taylor has called the budget “inflationary” in the Coalition’s first response.

This was his takeaway during an interview with the ABC’s7.30 program:

When you plan to spend money it is inflationary. We have a 16 per cent increase in spending over two years and the economy is only going out close to 7 per cent,so that is spending growing at double the pace of the economy,and that takes you to a $43 billion structural deficit in two years’ time.

That is inflation.

When you have $4 of spending for every dollar of savings,you are not fighting the inflation dragon – that homegrown inflation – that so many Australians are suffering with.”

When asked what the Coalition would have done to fight inflation if it was in government,Taylor was vague on details,but said it would have driven more supply in the energy sector and shown restraint by “making sure the fiscal rules are in place to fight inflation.”

That means having a rule in the budget where you grow the economy faster than you are spending. We have got spending in this budget over two years growing twice as fast as the economy...

It is what every economist is saying right now,there needs to be restraint.”

Treasurer Jim Chalmers has gone straight from the House of Representatives to the ABC studios to give a post-budget interview to Sarah Ferguson on7.30.

Ferguson opens by asking Chalmers if he will take responsibility for any future interest rate rise and “accept that this budget didn’t convince[the Reserve Bank]” to keep rates steady.

The Reserve Bank will take its decisions independently. I take responsibility for my part of the inflation fight and the budget is making a big effort in that regard...

I don’t think that’s the only measure of a decent budget. We are trying to put downward pressure on inflation.”

Reducing inflation was touted as a key goal of the budget.

There’s a lot to make sense of on budget night,but luckily,our experts had a head start from inside lock up to process the documents and form their analyses.

We’ve collated their views into one story – click here to read it.