Here's what's in the Budget for women, families, first-home buyers and older Australians, and who misses out this year.
federal budget
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In delivering what is touted as a women's budget, the government has revealed three areas it will target to assist women: health, safety and superannuation.
If ever there was a scheme that would help Aussies get into the property market, the First Home Super Saver scheme isn't it.
An estimated 250,000 low- and middle-income families with more than one child in care are set to benefit from a $1.7 billion subsidy boost, but experts say the changes will only help a quarter of families using childcare.
This year's Federal Budget, dubbed by Treasurer Josh Frydenberg as a "jobs budget", will be squarely focused on repairing the economy and boosting the employment rate and hours worked.
Picture a tax system where everyone is entitled to a $3000 standard deduction, free of the rigmarole of receipts and deductions. Could it actually work?
More than 3 million Australians will be $1080 worse off while a further 7 million will have less take-home pay next financial year.
In the week of the Federal Budget and an RBA meeting, the fact that market volatility is now reaching its lowest levels since October last year went relatively unnoticed.
ASIC and APRA will have an extra $600 million in their battle against under-performing super funds if the Coalition is re-elected next month.
A few valuable wins in this year's Federal Budget will help Australia's baby boomer women in particular.
