Australians earning less than $126,000 will from July 1 get an existing tax offset of up to $1,080 plus a bonus $420 to help manage the rising cost of living in a $4.1billion policy.
Trailing Labor by a massive 10 points in the polls, Scott Morrison is splashing taxpayer cash in a desperate bid to buy votes less than two months before polling day in May.
Dad and Partner Pay will now be combined with Parental Leave Pay to create a single scheme with parents to have access up to 20 weeks of leave to divide up between them as they choose.
With inflation tipped to climb above four per cent for the first time in 14 years economist Chris Richardson said Budget handouts would make an interest rate rise more likely in 2022.
Moving in the right direction : Changes to childcare subsidy brought forward 2gb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 2gb.com Daily Mail and Mail on Sunday newspapers.