There's a big budget contest of ideas underway, as Labor and the Coalition try to sell their alternate visions for Australia to voters.

Or as Jacob puts it to PK, "politics is back!"

Treasurer Jim Chalmers has brushed off new polling, suggesting the Government wasn't expecting a post-Budget bounce and doing the right thing is worth "any near term political costs".

And the Opposition leader Angus Taylor is also defending his policies, with some pushback coming from within his own party.

Patricia Karvelas and Jacob Greber break it all down on Politics Now.

Got a burning question?

Send a short voice recording to PK and Fran for Question Time at thepartyroom@abc.net.au

Read PK's analysis here

Read Jacob's analysis here