Treasurer Josh Frydenberg has drawn election battle lines over his $130 billion phase three tax cuts and urged the Labor Party to voice their support of the legislation.
If supported the cuts would abolish the 37 per cent tax bracket – leaving earnings between $45,000 and $200,000 taxed at 30 per cent. Mr Frydenberg insists the scheme "would create a stronger system" but said the opposition has not revealed whether they will commit. He warns middle-income earners would be hundreds of dollars a year worse off if the party does not support the cuts.
JoshFrydenberg Once again all the LNP have to offer is blackmail and bribery.
JoshFrydenberg Budget spending 2021 Labor & The Lefties “it’s never enough” And then they complain about the Debt Will Albo spend more? Albo will hand down Labor's budget reply today
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Treasurer announces funding for NDIS and aged care | Sky News AustraliaTreasurer Josh Frydenberg has revealed a further $13.2 billion will be invested over four years to 'meet the needs of Australians with a disability' stating 'under the Coalition, the NDIS will always be fully funded'.\n\n'The NDIS has made Australia a better country, profoundly improving the lives of people with a disability and their families,' he said.\n\n'A new wheelchair, home modifications, care in the home, and transport to work. Today 450,000 people are receiving disability support. In the last year alone, more than 100,000 people have joined the scheme.'\n\nMr Frydenberg also revealed the commitment of $17.7 billion in new funding to significantly improve the aged care system, funding another 80,000 new home care packages, bringing the total to 275,000. \n\n'We will increase the time nurses and carers are required to spend with residents,' he said. \n\n'We will make an additional payment of $10 per resident per day to enhance the viability and sustainability of the residential aged care system. We will support over 33,000 new training places for personnel carers and new personal carers, and a new Indigenous workforce. \n\n'We will provide retention bonuses to keep more aged care nurses in aged care, we will increase the respite care for nurses, and strengthen the regulatory regime to monitor and enforce standards of care. We will upgrade essential aged care infrastructure in regional and remote areas around the country.'\n\nThis investment brings record investment in aged care to over $119 billion over the next four years.\n\n'We are committed to restoring trust in the system and allowing Australians to age with dignity and respect,' the treasurer said. JoshFrydenberg Yeah as if that’s going to happen JoshFrydenberg Fully funded used to mean no Govt “borrowing” but with another 10 yrs of deficits, liberals are rewriting their definitions . auspol
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Treasurer Frydenberg announceS $1.2b investment in digital economy strategy | Sky News AustraliaTreasurer Josh Frydenberg says digital infrastructure and digital skills will be 'critical for the competitiveness' of our economy, creating 'massive opportunities' for growth and jobs. \n\nMr Frydenberg delivered the federal budget on Tuesday evening. \n\n'In this budget, we are investing $1.2 billion in our digital economy strategy, establishing a new national network of artificial intelligence centres to drive business adoption of these new technologies,' Mr Frydenberg said. \n\n'Expanding our cybersecurity innovation fund to train the next generation of cybersecurity experts.\n \n'And undertaking a digital skills cadetship trial which combines workplace and vocational training.'
Source: SkyNewsAust - 🏆 7. / 78 Read more »