What's in the 2015/16 ACT budget

ACT BUDGET AT A GLANCE:

* $407.5 million deficit in 2015/16

* Projected return to modest surplus in 2018/19

* $5.1 billion total expenditure

* 2.75 per cent state final demand in 2015/16

* Employment forecast to grow by 0.75 per cent in 2015/16

* $560 million cut to share of GST over four years

MEASURES INCLUDED IN THE 2015/16 BUDGET

* $1.5 billion spent on health

* $1.1 billion spent on education

* $375 million set aside for light rail construction

* $1.6 million to attract international flights to Canberra

* First home owners grant cut to $10,000 in 2016 and $7000 in 2017

* $3.3 million for a new Supreme Court judge

* $10 million to start revitalising Lake Burley Griffin's West Basin

* $8 million to expand the Legislative Assembly for extra eight MLAs to be elected in 2016

* $5 million revenue from extending paid parking hours to 10.30pm every day

* Car registration, parking fees, water abstraction charges and other charges to increase