The Federal Treasurer, Mr Josh Frydenberg, handed down the 2019/20 Federal Budget at 7:30 pm (AEDT) on 2 April 2019.

Mr Frydenberg said the Budget is "back in the black", announcing a budget surplus of $7.1 billion, and forecasting a surplus of $11 billion in 2020/21, $17.8 billion in 2021/22 and $9.2 billion in 2022/23. The budget focuses on "restoring the nation's finances", further strengthening the economy to create more jobs and to "guarantee the essential services".

To know more about the federal budget and the economic and political overview on it. Click here.