Federal Treasurer Josh Frydenberg has indicated the Morrison government would tighten the belt ahead of releasing the federal budget on Tuesday March 29.

Mr Frydenberg is giving a speech today to the Australian Chamber of Commerce and Industry, focusing on budget repair after a period of economic expansion to deal with the pandemic.

“We’re being responsible with our forecasts … and a discipline that says we won’t lift taxes as a share of the economy above a certain amount, which means you have constraints on your expenditure side,” he told Gareth Parker on 6PR Breakfast on Friday.

“There will be measures in the budget to address cost-of-living pressures because they’re real and it’s number one topic on the kitchen table in Perth and other capital cities across the country.”

Tap PLAY below to hear his full chat with Gareth Parker