Submitted | 8 May 2018 |
---|---|
Submitted by | Turnbull government |
Submitted to | House of Representatives |
Parliament | 45th |
Party | Liberal/National Coalition |
Treasurer | Scott Morrison |
Total revenue | A$473.7 billion[1] |
Total expenditures | A$484.6 billion[1] |
Tax cuts | A$13.4 billion (over 4 years)[1] |
Deficit | A$14.5 billion[1] |
Website | budget.gov.au |
‹ 2017 2019› |
The 2018 Australian federal budget was the federal budget to fund government services and operations for the 2018–19 financial year. The budget was presented to the House of Representatives by Treasurer Scott Morrison on 8 May 2018. It was the fifth budget to be handed down by the Liberal/National Coalition since its election to government at the 2013 federal election, and the third and final budget to be handed down by Morrison and the Turnbull government.