Scott Morrison's Budget 2016 challenge: Balance the books and win the election

By Matt Wade
Updated April 30 2016 - 11:23am, first published 10:47am
Malcolm Turnbull needs a budget that delivers something special to boost his flagging election prospects.
Malcolm Turnbull needs a budget that delivers something special to boost his flagging election prospects.
Federal Treasurer Scott Morrison has been warned he will put Australia's triple-A credit rating at risk if the budget pursues only limited spending cuts and doesn't do much to collect more tax. Photo: Alex Ellinghausen
Federal Treasurer Scott Morrison has been warned he will put Australia's triple-A credit rating at risk if the budget pursues only limited spending cuts and doesn't do much to collect more tax. Photo: Alex Ellinghausen
The RBA has left rates on hold in April. Photo: Peter Braig
The RBA has left rates on hold in April. Photo: Peter Braig