It was one of the shortest speeches in recent history, but Treasurer Scott Morrison’s maiden budget delivery offered up a number of important initiatives for many Australian women.
Here we take a look at five key areas that you need to know about.
If there’s one issue that’s been on everyone’s lips ahead of this year’s election, it’s housing affordability and tackling negative gearing.
Unfortunately, the controversial problem barely rated a mention by Morrison, the question of how newcomers are meant to actually get into the market continuing to loom large.
It looks like this issue will be one to take to the polling booth on election day. But until then, here’s a clear breakdown of what you need to know about both parties proposed policies on the issue.
2. Childcare and Paid Parental Leave
If you are a parent or set to become one in the near future, you're likely feeling seriously frustrated by another disappointing budget for Paid Parental Leave and early childhood education.
The Jobs for Families Package, the childcare reform package announced in 2015 has been deferred once more, and in the meantime out of pocket childcare costs for parents have risen by as much as 25 per cent.
"Tonight’s decision to delay action on affordable childcare another year will effectively cost Australian families $1,500 over the next year," Jo Briskey from The Parenthood has said.
"Heading into the 2013 Federal Election, the Coalition won many working mums over for their generous paid parental leave scheme," Briskey continued, "but then they dumped it when they came to government."
Whether they've got a rabbit in the "still to be announced" hat is something we cannot predict, but here's hoping.
Now here is an issue we can sink our teeth into. The major shakeup that Morrison announced to superannuation is set to both benefit women, as well as give us additional flexibility.