2008 Australian federal budget

() Australian federal budget 2008–09
Submitted	13 May 2008
Submitted to	Parliament of Australia
Parliament	42nd
Party	Australian Labor Party
Treasurer	Wayne Swan
Total revenue	A$312.961 billion
Total expenditures	A$287.764 billion
Tax cuts	A$46.7 billion (over 4 years)
Surplus	A$21.703 billion
Website	https://web.archive.org/web/20080722023208/http://www.budget.gov.au/2008-09/content/overview/download/Budget_Overview.pdf Note: Surplus excluded earnings from Future Find;
	‡Numbers in italics are projections. ‹ 2007–08 2009–10 ›

The 2008 Australian federal budget for the Australian financial year ended 30 June 2009 was presented on 13 May 2008 by the Treasurer of Australia, Wayne Swan, the first federal budget presented by Swan, and the first budget of the first Rudd government.

It had a particular emphasis on family welfare (expansive tax cuts and a lift in the threshold of the Medicare levy surcharge) and capital investment (national accreditation) funds. Swan described it as "a A$55 billion Working Families Support Package" that "strengthens Australia's economic foundations, and delivers for working families under pressure" from increasingly high interest rates.

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