FEDERAL BUDGET - WHAT WE KNOW SO FAR THE BIG PICTURE * Scott Morrison and Josh Frydenberg say it will be a "jobs budget" with the aim of driving the recovery out of the first recession since the 1990s * Estimated budget deficit of over $200 billion * Debt edging upwards of $1 trillion * Expected $140 billion in stimulus over four years * Net migration to be negative for the first time since the 1940s INFRASTRUCTURE * $7.5 billion in fast-tracked road and rail projects * Funding to expand two NSW dams, Wyangala and Dungowan * $53 million funding for gas infrastructure as part of a national plan * $211 million for domestic fuel security facilities * More flexible rules for the Northern Australia Infrastructure Facility to invest HIP POCKETS * Likely bringing forward of personal tax cuts * 2.5 million pensioners to get extra help to make up for an inflation-related rise not going ahead * Extra 10,000 first home buyers to be able to get a loan to build or buy a newly built home with a deposit of as little as five per cent * HomeBuilder package likely to be extended * No changes to the JobSeeker dole payments. Government wants more data on economic conditions before deciding * Capital gains tax exemption for granny flat arrangements BUSINESS * $112 million in fringe benefits tax changes to ease burden on small business * Consideration of a business investment allowance * Wage incentive for small and medium-sized businesses to take on new workers * $1.5 billion manufacturing strategy * $800 million aimed at helping individuals and businesses work online * Subsidies for the wages of 100,000 new apprentices over a year * $53 million funding for television and film production and new content rules * Possible rule changes around "loss carry-back" for businesses * Consideration of reversing cuts to research and development tax breaks * Cost of retraining soon-to-be redundant workers to be exempt from fringe benefits tax HEALTH * Extension of telehealth and e-prescription services * Extra funding for aged care, ahead of the receipt of the royal commission report * New strategy to get young people out of residential aged care * $9 million for research into cancer in children and young adults REGIONS * $100 million for new Regional Recovery Partnerships (projects in areas hit by drought, bushfires and coronavirus) * $30 million for the Regional Connectivity Program (local telecommunications projects) * $50 million Regional Tourism Recovery initiative (assist businesses in regions heavily reliant on international tourism) * $200 million for an additional round of the Building Better Regions Fund * $50 million extra in rebates for farmers seeking to put in bores and dams EDUCATION * Extra $326 million to provide 12,000 more university places for domestic students WELFARE * $7.6 million for parents experiencing stillborn babies or the death of a child under 12 months of age * 700 new safe places for women and children escaping domestic violence under $60 million "safe places" initiative ENVIRONMENT * $61.7 million for nature-based tourism. Australian Associated Press