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Federal Budget: the 5-minute guide

THE Federal Budget is a massive tome, heavy on dry economic detail. But here is all you need to know distilled into a quick five-minute summary.

VIDEO: A tax on a tax?

THE Federal Budget is a massive tome, heavy on dry economic detail.

This year’s budget was keenly anticipated, with Treasurer Joe Hockey warning Australians about the structural adjustments that the economy needed — and the “heavy lifting” that different sectors of the population would have to do.

REVISIT: Shadow treasurer Chris Bowen joined our experts to discuss all things Budget-related. See how it unfolded.

Here is all you need to know about the 2014 Federal Budget, distilled into a quick five-minute summary.

Originally published as Federal Budget: the 5-minute guide

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Original URL: https://www.adelaidenow.com.au/business/economy/federal-budget-the-5minute-guide/news-story/855be678d37db9bdb766d5be0e2bb98d