A halving of the tax paid on fuel and a one-off cost of living payment headline a big spending pre-election budget the Coalition hopes will secure it a fourth term in power.
Treasurer Josh Frydenberg hands down pre-election budget
Australia’s fuel tax is set to halve, dropping to 22 cents a litre from midnight tonight, and a one-off $250 payment will go to millions of concession holders. The budget estimates real wages went backwards this financial year as cost-of-living pressure rose.
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