WINNERS
Disabled people
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Funding guaranteed for the National Disability Insurance Scheme, which is expected to cost $21 billion a year once it is fully implemented in 2020
GPs and medical specialists
A gradual thawing of the freeze on Medicare rebates paid by the government
Schools
An extra $18.6 billion over 10 years, distributed on a needs-based model with average increases of 4.1 per cent per student
First-home buyers
To help save for a deposit faster, people will be able to salary sacrifice into their superannuation funds
Older home owners
Retirees can slip $300,000 from the sale of their homes into their super funds
Pensioners
Concession cards back for those who lost them after pension asset-test changes earlier this year
Small businesses
A one-year extension of the instant asset write-off scheme for capital equipment expenses up to $20,000
Australian Federal Police
More than $300 million for more specialist officers targeting terrorism, organised crime, child exploitation
LOSERS
Big five banks
Slugged with a new levy designed to reap $6.2 billion from July 1 and face fines of up to $200 million if they cover up misconduct by executives
Senior bank executives
Could be stripped of bonuses, deregistered or disqualified if they breach new accountability rules
Taxpayers
The Medicare levy will rise 0.5 percentage points to 2.5 per cent of taxable income from July 1, 2019
University students
Cost of a four-year degree will rise 7.5 per cent and HECS threshold lower students will have to pay back government loans as soon as their income hits $42,000.
Universities
A new 2.5 per cent efficiency dividend to apply in 2018 and 2019, saving the government $2.8 billion.
Welfare cheats
Job seekers who regularly miss Centrelink appointments or turn down suitable work will have payments reduced or cancelled. Drug test trials for 5000 new welfare recipients
Foreign property investors
"Ghost house" tax of $5000 a year from foreign investors who leave properties vacant for more than six months
Property investors who negatively gear
No longer able to claim travel expenses, with limits placed on some equipment and depreciation deductions.
Employers of foreign workers
New annual levy of $1200 or $1800 for those hiring temporary foreign workers and $1800 for permanent foreign workers
AAP
