The budget summed up in five minutes
Check out our five-minute guide as we break down what is included, and who will benefit from the latest federal budget measures.
Federal Budget
Sweeteners missing from ‘healthy’ budget
Treasurer Jim Chalmers has delivered us a real sugar-free budget – one that is probably good for you, but not worth getting too excited about, writes Matthew Killoran.
Editor’s view: Why this budget shirks the hard work on reform
The treasurer has delivered a wishlist budget – heavy on feel-good Labor dreams and eschewing serious structural reform. Yet he shirks desperately needed reform in almost his next breath.
Massive tax break ripped from tradies
Tradies could be counted among the biggest losers this budget after a super-sized tax break was axed.
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Defence spending fast tracked
AUSTRALIA will fast track its spending on military hardware including an increased presence on offshore counter terrorism operations in the 2017 Budget.
A long way from ‘lifters and leaners’
OPINION: It raises taxes, invests in skills and training and increases spending in social welfare areas. Treasurer Scott Morrison’s second Federal Budget smells suspiciously like ALP spirit.
Child abuse victims to be compensated
CHILD sex abuse survivors will get access to payments of up to $150,000 under a new redress scheme beginning mid next year.
States need to stump up on homeless
STATES will need to meet key outcomes on homelessness or risk being forced to pay back Commonwealth funding.
Budget 2017: Census funds slashed
THE 2016 Census became a national joke but the Federal Budget is slashing funds for the next survey, with millions of dollars and hundreds of jobs to go.
Smokers stung by higher costs
ROLL-your-own tobacco and cigars will cost more under a government move to align their taxation with manufactured cigarettes.
Good times are coming, says Morrison
TREASURER Scott Morrison is banking on “better days ahead” as he unveils a big-spending, big-taxing Budget including an $8 billion hike in the Medicare levy. Work out what it means for you with our Budget calculator.
Tourism one of Budget’s big losers
AUSTRALIA’s $100 billion tourism industry was hit hard in Scott Morrison’s Budget on the back of funding cuts and a rise in visiting costs.
Blow to state’s biggest project
QUEENSLAND received hundreds of millions in infrastructure funding in the Federal Budget, but the item at the top of the state’s wish list has been sadly neglected. What Queensland gets
ASIO admits it can’t ‘guarantee safety’
CONFLICT in Syria and Iraq has created a ‘generation of extremists’ that will be a security threat to the nation for the next decade and beyond, ASIO warns.
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