The budget is in and it's not good news for regular Aussies. Wages aren't going up as quickly as inflation, power bills are set to skyrocket, and your groceries aren't getting any cheaper. Strap in, because the next few years are going to be expensive.

James Law and news.com.au deputy editor Liz Burke break down what the Albanese government's first budget means for you. In short, it's grim.

Meanwhile 'go woke, go broke' is back in the news after Gina Rinehart's Hancock Prospecting pulled a $15m sponsorship of Netball Australia. Is it a case of players standing up for their beliefs, or have they gone too far?  

And finally, the United Kingdom has a fourth prime minister in three months, with Rishi Sunak elected after Liz Truss' resignation brought an end to her 44-day reign. How did it all go so wrong in the UK?

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