The budget is forecast to return to balance, and personal income tax cuts for low to middle income earners, a ban on exit fees on superannuation accounts when changing funds, a new tax offset, and a simplification of the tax system is coming.
Though it may seem that way, budget doesn’t have to be all serious business.
Even though the budget may not cater to all, some users see the lighter side.
There are many reactions on social media to the budget — some positive, some negative, some just plain funny, so we’ve compiled eleven of the funniest.
YOU GET A ROAD! AND YOU GET A ROAD! AND YOU GE #Budget2018 pic.twitter.com/pf3CmkEJMY
— Eloise Shepherd (@EllieGoulet) May 8, 2018
Is there anything in the #Budget for single Males in their earlys 30s that live alone and have a possible cheese addiction? Asking for a friend..#Budget2018 #auspol #Budget18
— Marko (@AusLoafer) May 8, 2018
Fight time! #Budget2018 #abc730 pic.twitter.com/CxIGhLAH9p
— Humphrey Aussie Bear (@humphreyecobear) May 8, 2018
#KeepMyTenDollars because poor people don't have much money… but if they do, they don't spend it very much.#auspol #Budget2018 #trickledown #LNPfail 2.0 pic.twitter.com/OHMEd1n4Yn
— Tinfoilhatter (@TinfoilhatterOz) May 8, 2018
Cash transactions over $10,000 are to be made illegal in #Budget2018
Guess I'll never realise my dream of buying a house with a duffel bag full of cash :(#auspol
— Patrick Laverick (@PatrickLaverick) May 8, 2018
Switch to the #TheVoiceAU anyone?#Budget2018
The start few sentences (questions) of that speech were really weird. I'm not sure if it was how he delivered it/pause, the jeers or just the grammar but it just didn't work. pic.twitter.com/gDnUWcUAUf— Quantum Financial (@QFAdvice) May 8, 2018
Haha @leighsales got #ScoMo to say 'do-do' #Budget2018. Poo jokes never fail.
— Huffo (@trimorphchris) May 8, 2018
#keepmytendollars & put it towards a federal #ICAC. #Budget2018 #auspol pic.twitter.com/WITqpuoIw1
— Tinfoilhatter (@TinfoilhatterOz) May 8, 2018
#budget2018 positive news is the promised infrastructure investment – a structurally sound way to invest a surplus
— Geoff Stein (@Geoff021) May 8, 2018
Bye bye LNP. Bring on the next election! #budget2018 #auspol pic.twitter.com/1U5zuk2D5B
— ????MsRose???? (@msrose2343) May 8, 2018
Forget Santa Claus, Scott Morrison has just delivered a Peter Pan Budget! All off in Never Neverland! #Budget2018 #auspol #pmlive pic.twitter.com/iPLcleHkEJ
— #BringBackAbbott (@TeamTAbbott) May 8, 2018
Business Insider Emails & Alerts
Site highlights each day to your inbox.
Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.