The federal budget explained

The federal budget is usually handed down in May, but this year it was delayed while the government focused on the coronavirus outbreak and rethought their approach to an economy in big trouble. The government has now released its plans to reboot the economy in what is reported to be one of the most important federal budgets in Australia’s history.

So how does the government intend on spending our taxpayer dollars over the next four years and what does it mean for young people? Former Treasurer and Deputy Prime Minister Wayne Swan weighs in.

In today's news headlines:

• The Federal Budget has been handed down overnight, with a big focus on young people and small business
• Tax Cuts for 11 million Aussies
• Job Maker – Cash for bosses hiring unemployed workersMore help for First Home Buyers
• Donald Trump has stepped out of hospital

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