With Economist warning Chalmer's budget has done very little to curb inflation, most are now tipping the government to look for an early election this year, reducing the chances of the Government facing a 13th or 14th interest rate rise.
An election this year would also allow Chalmers to avoid announcing a long-term structural budget deficit of ~$100b over the next 3 years due to the large increases in government expenditure.
Its a risky move considering Labor's poor record over their first term in government, though may be their best path to victory considering the economy is teetering on slipping into a recession and Australian's a reeling from cost of living pressures.
