Budget summary

Cuts

  • Defence $5.4 billion
  • Foreign Aid promise deferred $2.9 billion
  • Company tax cut reversed $4.8 billion

 

Cash splash:

  • ‘Spreading benefits of the boom’ $3.6 billion
  • National Disability Insurance Scheme $1 billion
  • Family assistance $1.8 billion
  • Dental $500 million

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