Budget 2022 live updates: federal treasurer Josh Frydenberg delivers budget speech with cash payments and tax relief – latest news

Extra tax cut for 10 million low and middle income workers worth up to $420 - while fuel excise will be slashed for next six months. Follow the latest updates live

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Even before Russia invaded Ukraine (and China watched), the government was itching to make national security a key plank of its election campaign (remember the Manchurian candidate?).

So it's no surprise that this budget has muscled-up. There's even a new project codenamed Redspice (definitely nothing to do with China). It's a slightly tortured acronym for resilience, effects, defence, space, intelligence, cyber and enablers.