Last night (9 May 2017) the Treasurer, Mr Scott Morrison, handed down the 2017-18 Federal Budget.

Mr Morrison described the Budget as one “about making the right choices to secure the better days ahead” through a “fair and responsible path back to a balanced budget” based on “the principles of fairness, security and opportunity”.  As was the underlying sentiment of the previous year’s Budget, the choice is to “ensure the Government lives within its means” while still having a plan to:

  • grow the economy to create more and better paid jobs;
  • guarantee the essentials that Australians rely on; and
  • reduce cost of living pressures.

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