Current Affairs:Scott Morrison announces his third budget

Treasurer Scott Morrison will introduce the centrepiece of his third budget, which is to scrap a middle tax bracket. His plan would leave 94 per cent of taxpayers on the lowest or middle rate and only those earning more than $200,000 would pay the top tax rate. ivan Leung and Wai Yee Yeung report.

Mr Morrison today handed down his third budget. (AAP Image/Lukas Coch) NO ARCHIVING Source: AAP