Tax cuts likely in next week's federal Budget

Deloitte Access Economic's Chris Richardson addresses the National Press Club in Canberra, Wednesday, April 12, 2017 Source: AAP/Lukas Coch

Treasurer Scott Morrison says next week's federal Budget is responsible and built on very cautious forecasts. Image: Economist Chris Richardson (AAP)

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Australians are likely to benefit from tax cuts funded by a surge in company-tax revenue.

But Opposition Leader Bill Shorten says it will be a desperate pre-election move.