Tonight’s Budget is a pre-election sweetener that fails to make billionaires and big corporations pay their fair share of tax, while growing inequality and fast-tracking climate collapse.

While on the surface the budget may appear to do away with the Liberals’ years of austerity politics, it continues the myth that largesse to the super-wealthy will trickle down to everyday people.

Young people will be guaranteed a job, secure income, and free education under a new Greens recovery plan to restart the economy and build ‘a better normal’ after the coronavirus economic shock.

The vision for a debt-financed recovery reaffirms the government’s role in responding to the crisis, and rejects the austerity approaches offered by the Liberal and Labor parties, charting a course for a government-led recovery that extends Australia’s world-class social services, instead of slashing funding for education, healthcare, and the environment.

“Today’s Mid-year Economic Financial Outlook shows that the Coalition is totally out of touch with everyone in our community who is feeling under pressure. The Prime Minister hopes to buy the next election with a surplus built upon cuts to essential services and heroic assumptions about wages growth," Greens Co-Deputy Leader Senator Larissa Waters said.