Part 1. THE FEDERAL BUDGET AND AUSTRALIANS

The Federal Treasurer, Scott Morrison, has delivered a Budget to position the Turnbull government as the stable option for voters ahead of the next federal election. With a plan he says will provide tax relief to encourage and reward working Australians, federal treasurer Scott Morrison says he's backing businesses so they can create more jobs. He also says the budget will guarantee essential services for Australians and keep them safe. All, while ensuring the government lives within its means. Mr Morrsion says it's been through a tough patch but there are better times ahead: "The Australian economy is now pulling out of one of the toughest periods we have faced in generations. The Global Financial Crisis was significant. But coming off our once-in-a-hundred-years mining investment boom had an even bigger impact, ripping $80 billion out of our economy. This directly impacted Australians and their families, including holding back wages. "

Federal Treasurer Scott Morrison hands down his third Federal Budget, May 8, 2018. Source: AAP Image/Dean Lewins