ANOTHER two rounds of tax cuts, energy rebates, health and infrastructure spending are at the centre of this year's Federal Budget.

• Budget deficit of $27.6 billion this financial year.

• Commonwealth gross debt to rise to $940 billion (33.7 per cent of GDP) in 2024/25 before cracking $1 trillion the year after.

• Net debt to rise to $556 billion in 2024/25.

• Economic growth to rise ...