With a week to go until Christmas, Malcolm Turnbull has made it perfectly clear in his budget update that it’s big multinational businesses and millionaires who will get all the goodies, and not Australians who work and study.

The Mid-Year Economic and Fiscal Outlook (MYEFO) confirms that instead of making the right decision to rein in generous tax breaks for the top end of town, Turnbull, Scott Morrison and Mathias Cormann are once again asking the most vulnerable and those who can afford it the least to carry the can for the government’s budget failures.