Tax cuts, cash splurge seen in Australia budget to kick-start election

CANBERRA, April 1 (Reuters) - Australian Treasurer Josh Frydenberg is expected to announce tax breaks and other sweeteners for voters in a federal budget on Tuesday, which will kick-start campaigning for an imminent national election.

Armed with stronger tax revenue and higher prices for Australia's commodity exports, Frydenberg's budget proposal will likely include increased infrastructure spending, bigger personal tax cuts than made a year earlier and possibly cash handouts to households.

Prime Minister Scott Morrison is under pressure to deliver voter incentives in the budget which is seen returning to a surplus for the first time in more than a decade and amid sinking support for the conservative government in the polls.

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Compiled by Swati Pandey +61 2 9321 8166
(Compiled by Swati Pandey; Editing by Sam Holmes)

2019-04-01 04:51:07

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