Jack Chambers vows to forgo 'giveaway' budget by planning for the long term

The new Finance Minister does not support the idea of increasing the TV licence fee but would not say whether he would favour a reduced fee paid by more households

Minister for Finance Jack Chambers said: 'We are in a good space right now but we have wider economic risks, external in nature, which we don't control.' Photo: Sam Boal/Collins Photos

Budget 2025 will be careful and sensible, new Finance Minister Jack Chambers has said.

There was no news on a specific date amid some speculation that this year's budget could be called early. The date will be decided as part of the Summer Economic Statement which is due in just under two weeks' time.