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May 3 2016 at 8:18 AM
Updated May 3 2016 at 10:50 PM

Budget 2016: Scott Morrison hands down pre-election budget

Follow live as Treasurer Scott Morrison hands down his first budget, on the same day as a key RBA interest rates decision and ahead of an expected July election.

Shadow treasurer Chris Bowen says the best strategy on the AAA rating is to not lose it in the first place. — Shadow treasurer Chris Bowen says the best strategy on the AAA rating is to not lose it in the first place. Alex Ellinghausen

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