Treasurer Scott Morrison may have just delivered a perfectly pitched budget from a behavioural economics point of view with a set of measures which neatly "nudge" Australians across the broad spectrum of the economy toward the government's twin goals of jobs and growth.
Small businesses and middle income earners get the handouts in a federal budget that promises to control spending growth, make savings and keep chipping away at the deficit.
The 2016 federal budget confirms the government is throwing more resources at its crusade to get multinationals paying "their fair share" of tax on income earned in Australia.
Treasury sees real GDP growth of 2.5% in 2016/17 before accelerating to 3.0% in 2017/18, levels at-or-around what many deem to be Australia's new trend growth rate.
The 20-year defence industry plan in the budget shows 3,600 direct jobs as part of the naval shipbuilding program and makes significant investments in defence capability and cyber security.
The NBN is running out of money, with its final $8.8 billion of public funding set to be delivered by the end of the 2016/17 financial year, the 2016 federal budget reveals.
One of the key numbers many look for in the budget is the forecasts for the iron ore price, an understandable outcome given its importance to budget revenues as Australia's most valuable goods export.
University fees for popular courses are set to rise dramatically with the Turnbull government introducing partial deregulation it's dubbed "alternative model flexibility".
The federal budget acknowledges the growth of Australia's growing fintech industry disrupting the financial services sector. And $200,000 has been budgeted to promote Australia as a fintech development centre.
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