As promised, the Finance Minister has delivered a bread-and-butter Budget 2026, with few big surprises and no sign of a lolly scramble.

But there's a health spend-up, a new highway, a levy on banks, cuts to government departments and hope of a surplus on the horizon.

Here's what you need to know about this year's Budget:

Not really an 'election year budget'

Willis has used her last Budget of the term to preach discipline as she eyes a surplus on the horizon.