That marks the end of our live budget coverage this evening. It has certainly been an eventful night.

No one can argue Malcolm Turnbull is a "do-nothing" prime minister anymore. Will it work out for him, or go the way of Tony Abbott's budget in 2014? How the former prime minister himself responds, along with the Coalition's more conservative elements, should be fascinating in itself.

Stay tuned for be an interesting period of politics ahead.