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Treasurer Scott Morrison Delivers 2017 Federal Budget

Last updated on February 17, 2024

The Treasurer, Scott Morrison, has delivered the Turnbull government’s second Budget, forecasting a return to surplus in four years, abandoning stalled budget cuts, guaranteeing Medicare and the PBS, incresing the Medicare levy and imposing a new levy on the commercial banks.

The Budget also includes provisions for first home buyers to salary sacrifice into their superannuation. It includes a crackdown on welfare recipients.

The Budget marks a break with the Abbott years. It abandons the “zombie” cuts stalled in the Senate whilst increasing spending in traditional Labor areas. Morrison said it was a “reset”.

Listen to Scott Morrison deliver the Budget (32m):

Watch Morrison (32m)

Budget Documents – PDF downloads

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Malcolm Farnsworth
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