2009 Federal Budget: the key points

May 12, 2009

Economy, families, tax, retirement, defence, health and climate: a few important, easily digestible points

Private health rebates now means tested

May 12, 2009

The private health insurance rebate will be cut back for those earning over $75,000, with high earners expected to pay an extra $1000 per year.

Super co-contributions halved

May 12, 2009

As expected, Swan has announced a drop in super co-contributions by half, although goverment says only 2% of Australians will be affected.

Overintonc: toast, tea and parental leave

May 12, 2009

Caroline Overington says Wayne Swan's paid parental leave is not a budget announcement, it's an election promise.

Deficit guessing game ends: $57.6 billion

May 12, 2009

Wayne Swan announces budget with $57.6 billion deficit, or 4.9% of GDP.

Brisbane light rail by 2013

May 12, 2009

In its '09 Budget, the federal Government has promised $365 million for the $850 million light rail project in Brisbane.

Play the budget game!

May 12, 2009

Can you do a better job than Wayne Swan at deciding the budget? Play the Instabudget game - choose your own deficit. Tax the rich as much as you want.

First Dog live-draws the Budget

First Dog live-draws the Budget

May 12, 2009 8

First Dog, from the Crikey kennel, live draws the Budget!

Behind the Budget with Wayne Swan

May 12, 2009

Treasurer Wayne Swan gets behind the wheel and tours the neighbourhood as he explains how different this year's Budget feels to last year's. Key quote: "Wayne Swan's been extraordinary".

Budget night’s cast of characters

May 12, 2009

Swanny puts all your favourite political characters in a video tribute. The Swanz. Godzillard. And Joe Hockey as a Baywatch spunk.