May 7, 2018 / 6:29 AM / 3 months ago

TAKE A LOOK-Tax cuts, spending boost seen in Australia federal budget

Australia’s centre-right government is expected to deliver tax cuts to lower-income earners and boost infrastructure spending in a federal budget on Tuesday that unofficially kickstarts campaigning for next year’s national election.

Prime Minister Malcolm Turnbull is under pressure to deliver voter incentives in the budget, amid a banking-sector scandal and falling support in the polls, while also fulfilling a promise to return finances to a surplus as soon as possible.

To see stories on Australia’s budget, double click in the brackets:

Tax cuts likely as Australia eyes budget surplus ANZ cuts financial planner bonuses amid inquiry PM flags tax cuts, infrastructure spend in budget No ‘mammoth’ tax cuts in coming budget-Treasurer Wealth divide dominates budget, election plans RBA sees faster growth, slow inflation

> For Australian news click here

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Compiled by Swati Pandey +61 2 9321 8166 ———————————————————————————————- (Editing by Darren Schuettler and Sam Holmes)

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