Five-minute budget: Everything you need to know

Treasurer Jim Chalmers unveiled what he called the "most important and ambitious" budget in decades amid economic turmoil from the Iran war. The budget cuts $36 billion from the NDIS, delivers $2.5 billion in fuel excise cuts, and implements significant tax reforms including a 30 percent capital gains tax from July 2027 and restricting negative gearing to new builds.

Summary by Glance · The Age