Source: BBC
Australian Treasurer Scott Morrison has unveiled a new budget which includes a surprise rise in taxation for the country’s five biggest banks from July.
Mr Morrison also announced education savings which will see students pay a greater share of the cost of degrees.
Infrastructure projects, health and housing affordability were also high on the government’s agenda.
The main opposition Labor party accused him of using a healthcare levy increase to fund tax cuts for big business.
Categories: Australia, Economy, The Muslim Times