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Budget 2019: The Winners And Losers

Millions of Australian workers will get an extra $1000 back in their pockets and commuters will see a decade of road and rail upgrades in the nation's first surplus budget in 12 years.

Infrastructure funding will jump $25 billion to $100 billion over the next 10 years in a bid to connect Australia's job-creating cities with regional population centres.

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Frydenberg's first budget also predicts surpluses from next financial year, starting with $7.1 billion in 2019/20.

"The budget is back in the black and Australia is back on track."

Here are the winners and losers:

WINNERS

Taxpayers:

$158 billion of additional tax relief for those earning up to $126,000 a year

West Australians:

Rules around $69 billion GST revenue distribution to the states have changed, with WA the main beneficiary

Older energy users:

$285 million delivered to help almost four million Australian pensioners and others cover their energy bills

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Job Seekers:

80,000 new apprenticeships announced and extra 1.25 million jobs over the next five years

Small Business:

Instant asset write-off increased to $30,000 and expanded to businesses with a turnover of up to $50 million

Sportswomen:

$150 million funding package for women's sport

Farmers:

$6.3 billion in drought support and $3.3 billion for those affected by floods

The sick:

$80 billion for better access to life-changing equipment, services and medicines

Schools:

$300 billion for upgrades to libraries, classrooms and play equipment

READ MORE: Government Cheers A Surplus, Hoping Voters Will Cheer Them At The Polls

READ MORE: Ants And Rain Gauges: The Quirkier Things Your Tax Dollars Will Be Spent On This Budget 

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LOSERS

Big Banks:

$600 million boost for financial regulators ASIC and APRA to deal with banking royal commission fallout

Terrorists:

$570 million boost for national security agencies and $328 million to fund prevention, response and recovery initiatives

Tax and welfare cheats:

The Tax Office and other agencies to crack down on welfare cheats and tax dodging

Migrants:

Migration cap to be reduced to 160,000 from 190,000

READ MORE: Budget 2019: Christmas Island Gets $161 Million, Set To Close Again 

READ MORE: Huge Youth Mental Health Boost In Record Budget Medical Spend

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Featured image: AAP