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Jim Chalmers accuses Liberals of economic insanity' on potential housing cuts

Jim Chalmers was asked about the $100bn in cuts the Coalition is set to announce today, mostly from Labor initiatives, if it wins the next election. Would this appeal to the electorate?

What we know from what's in the newspapers today is that they plan billions of dollars to cuts in housing at a time when we've got a very severe housing shortage, and this goes with the absolute economic insanity of the Liberals and Nationals. During an extreme housing shortage, they want to swing the axe on billions of dollars in housing funding.

Also this is $100bn they reckon - let's see the details. They flagged more than three times that amount when it comes to cuts, so let's hear them come clean on the other cuts. Let's hear what it means for Medicare and pensions and for the economy more broadly.