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The federal budget has fallen back into deficit after two consecutive years of surplus.

The fiscal plan outlined by Treasurer Jim Chalmers tonight featured tax cuts for every taxpayer and heavy investments in health and education.

Here are the graphs that explain the 2025-26 federal budget.

WINNERS AND LOSERS: Who benefited, and who missed out in this year's budget

EXPLAINED: The surprise tax cut coming for every single Aussie taxpayer

TWO-MINUTE GUIDE: Everything you need to know with the budget back in deficit

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