Federal budget 2017: the 10 graphs you need to see | Greg Jericho

After nearly a decade of saying the problem was all on the spending side, the Liberal party has finally admitted that there is a revenue problem
" The 2017 budget at a glance

What do you do when you are a Liberal party and delivering Liberal party budgets makes you as popular as poison? Deliver one that with a bit of slight rebranding could almost look like a Labor one. This budget does not quite bring home the bacon as Paul Keating once said, but Scott Morrison and Malcolm Turnbull sure as heck will hope it brings an end to people talking about Joe Hockey's 2014 budget.

While the budget on the surface does look quite fair, we should remember the context. The budget still includes cuts to company taxes, which will in time offset the bank levy. It still includes the end of the 2% deficit levy for those earning over $180,000. Yes such people will now be paying an extra 0.5% points on the Medicare levy, but so will most other taxpayers, and no one else is getting an income tax cut to more than offset the impact.

Related: Federal budget 2017: Morrison hits banks with $6bn tax rise and promises 'better days ahead'

Related: Budget 2017: Coalition 2.0 reboots in bid to jolt a political recovery | Katharine Murphy

Related: Australia budget 2017: Scott Morrison to tax banks and increase Medicare levy - politics live