Learn more by downloading the 2019 Australian Federal Budget Report

The 2019 budget extends the broad strategy of the previous budget, enhanced by the benefits of a budget baseline that has again turned out to be somewhat better than expected.

In this election year, the government’s strategy is fairly straightforward: broad-based tax relief, boosting infrastructure spending, and at the same time returning the budget to sustainable surplus. Commendably, and consistent with the government’s medium-term budget framework, pre-election spending initiatives continue to be funded primarily from other budget savings.

Download the 2019 Australian Federal Budget Report