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Here's How The Federal Budget Affects You

Everything you need to know.

Here's How The Federal Budget Affects You

The Federal Budget for 2018-2019 has been released, with key topic areas including low income tax cuts, changes to superannuation and aged care.

Five key themes were announced by treasurer Scott Morrison:

  • tax relief;
  • support for businesses and jobs;
  • essential services;
  • keeping Australia safe; and 
  • the government living within its means.

Winners: aged cared, low and middle income earners, commuters and Aus security.

Losers: criminals (the 'black economy'), welfare, foreign aid.

For a breakdown of what the budget means for you, check out the podcast from the Triple M Newsroom below.