The government's figured out how it wants to spend your money.

Cheaper petrol! Some free money (sort of)! Trees for The Queen!

And a bunch of other things. We look at what’s in the federal budget for you - but also what’s missing cough, climate change, cough.

Meanwhile, northern NSW has copped a drenching again, with major flooding in Lismore, Byron Bay and the surrounding areas. Flood-weary residents, who were evacuated just weeks ago, are at breaking point.

Plus, keen to holiday in space? Pack your bags, there’s plans for a space hotel to open up in a few years.

Live guests: Simon Birmingham, Finance Minister Dr Brad Tucker, ANU