2015 Australian federal budget
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The 2015 Australian federal budget was the federal budget to fund government services and operations for the 2015/16 financial year. The 2015 budget was the second and last submitted by the Abbott government, since the Coalition's victory in the 2013 Australian federal election. Treasurer Joe Hockey presented the budget to the House of Representatives on 12 May 2015.
Quick Facts Submitted, Submitted by ...
Submitted | 12 May 2015 |
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Submitted by | Abbott government |
Submitted to | House of Representatives |
Parliament | 44th |
Party | Liberal/National Coalition |
Treasurer | Joe Hockey |
Deficit | $29.8 billion |
Website | budget |
‹ 2014 2016› |
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The budget featured a $4.4 billion Families Package to reform child care in Australia and a $5.5 billion Jobs and Small Business Package to assist small business. The budget was passed by both the House of Representatives and the Senate and took effect at the start of the 2015/16 financial year, which began on 1 July 2015.