- Retirees who downsize by selling the family home offered exemptions from new superannuation limits.

- More City Deals between all levels of government and the private sector to develop urban areas.

- “Ghost house tax” imposed on foreign investors who leave Australian properties vacant.

- Multibillion-dollar 10-year package to counter Labor’s “Mediscare” campaign.

- A staggered lift in the freeze on Medicare rebates for doctors' visits and medical procedures could be paid for by higher taxes on rich.

- Up to $700 million in disbursements from Medical Research Future Fund.

- Price cuts for taxpayer-subsidised medicines.

- Extra support for hospitals including $730 million for Tasmania’s Mersey Hospital and $6 million for specialist prostate cancer nurses.

- $350 million for mental health services for veterans.

- Extra $18.6 billion in school funding over the next decade under the Gonski-needs-based model. Up to 24 elite private and Catholic schools lose some funding.

- University students face 7.5 per cent tuition fee hike, higher repayments on government loans, and universities have to meet a 2.5 per cent efficiency dividend.

- Record infrastructure spending – funded by “good” debt – to build Sydney's $6 billion second airport at Badgery's Creek and Melbourne-to-Brisbane inland rail.

- $1.6 billion jobs and infrastructure package for WA.

- More government agencies decentralised to the country.

- Treasurer Scott Morrison to explain which policies are funded by up to $500 billion in "good" debt and "bad" debt.

- Up to $13 billion of "zombie" cuts to education and welfare dumped.

- Claw back up to $15 billion from black economy.

- Crackdown on Centrelink recipients who regularly fail to arrive for appointments.

- $5.5 million awareness campaign to target anti-vaxxers. From July, Family Tax Benefit A payments will be reduced by $28 a fortnight, or $726 per fortnight, for each child who does not meet the immunisation requirements.

- One-off energy payments for pensioners to be paid before June 30, this year.

- Productivity Commission inquiry into competition and concentration in banking, including "vertical integration" of wealth management and retail banking.

- Other competition measures to be announced budget, inclusding open data availability and new superannuation and banking ombudsman 

- South Australia and Victoria will receive $100 million to help businesses develop after Holden stops manufacturing. The funding will include money to establish innovation labs in the two states, that can facilitate smaller-scale research projects.

- Foreign aid slashed and $321 million diverted to the Australian Federal Police.

*This article originally appeared in the Australian Financial Review