'I've listened', Morrison says of budget

Treasurer Scott Morrison says his budget will show a practical approach to dealing with the challenges ahead, insisting he's listened to the Australian people.

Treasurer Scott Morrison insists he's been listening to frustrated Australians while working on his second budget with Prime Minister Malcolm Turnbull.

Arriving at Parliament House on Tuesday, Mr Morrison said he understood that while the Australian economy has grown ahead of other economies not all voters have experienced the benefits.

"Australians have been making big sacrifices to ensure that we've achieved the growth that we've had and I want to tell them that it's been worth it," he told reporters.