TREASURER Jim Chalmers last week delivered Labor's first budget in ten years since the party was elected to government in May this year.

But what does it mean for Mansfield residents?

Families are set to benefit, with Labor pumping 4.7 billion into childcare, increasing the subsidy rate cap to ninety per cent.

They're also bumping up paid parental leave to 26 weeks by 2026 and giving two parents households the choice on how to split that leave.

These will change gradually from July 2024.

Taxes on electric vehicles will be cut and an improved charging network delivered.

NBN fibre will be run to an extra 1.5 million Australian homes.

And a new national housing accord is expected to see an additional one million homes constructed in the next five years, which sounds significant, but is effectively the same amount of homes built in the past five years anyway.

Women's safety will see a big cash injection, with $1.7 billion going towards an increasing Escaping Violence Payment and other initiatives, including crisis housing and additional frontline support workers.

Frontline services, however, have said the funding falls short of what they need when factoring the increased demand for these services.

TAFE and universities are set to benefit, with 480,000 fee–free TAFE places opening up in areas with skills shortages, $50 million going towards facility improvements, and $485.5 million for 20,000 more Commonwealth supported university places.

Wages are expected to lag behind inflation, however, turning the screws on the everyday worker who is bearing the brunt of a presently 6.1 per cent increase in the cost of living.

And Mansfield residents aren't expected to gain a whole lot – at least at a Federal level – when it comes to support for mental health.

$24.3 million has gone to the sector, which is nowhere near enough according to many experts, considering the tumultuous couple of years Australians have experienced.

Other health care outcomes appear more positive, with PBS medicines prices dropping significantly and more funding going to autism and cancer research and services, while rural healthcare workforces are hopeful that $185.3 million spend in their sector will attract more doctors and health professionals.

Aged care services will see $2.5 billion over four years, aimed at improving the quality of care and increasing daily care minutes.