Budget splashes cash, with $17.7 billion for aged care and a pitch to women

The Morrison government has brought down a big-spending, expansionary budget that forecasts Australia’s unemployment rate will fall to 4.75% in two years time.

But Australia’s international borders won’t be properly open for at least a year, according to the budget’s assumptions.

“Australia is coming back,” Treasurer Josh Frydenberg told parliament on Tuesday night.“

Employment is at a record high, with 75,000 more Australians in jobs than before the pandemic.

"This budget will help to create more than 250,000 jobs by the end of 2022-23,” Frydenberg…

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