2017 Federal Budget: 11 things you need to know
IT WAS worlds away from the horror Abbott-Hockey effort of three years ago, but the devil will always be in the detail in a federal Budget. What did you miss?
Federal Budget
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IT WAS worlds away from the horror Abbott-Hockey effort of three years ago, but the devil will always be in the detail in a federal Budget. What did you miss?
ASIO admits it can’t ‘guarantee safety’
CONFLICT in Syria and Iraq has created a ‘generation of extremists’ that will be a security threat to the nation for the next decade and beyond, ASIO warns.
NDIS guaranteed under Medicare levy hike
A hike in the Medicare levy to guarantee the future of the NDIS for people with a disability will cost the average earner $400 a year.
Child abuse victims to be compensated
Child sex abuse survivors will get access to payments of up to $150,000 under a new redress scheme beginning mid next year.
Roll-your-own tobacco and cigars will cost more under a government move to align their taxation with manufactured cigarettes.
Doctor visits about to get cheaper
The cost of seeing a doctor could fall for the first time in four years and the price of some medicines are set to drop, spelling good news for our sick citizens.
Tourism one of Budget’s big losers
Australia’s $100 billion tourism industry was hit hard in Scott Morrison’s Budget on the back of funding cuts and a rise in visiting costs.
Census became a national joke but the Federal Budget is slashing funds for the next survey, with millions of dollars and hundreds of jobs to go.
States need to stump up on homeless
States will need to meet key outcomes on homelessness or risk being forced to pay back Commonwealth funding.
Retirees given a super incentive
Seniors who downsize their home will be able to pump more money into their superannuation fund from the sale proceeds under a new budget incentive.
Australia will fast-track its spending on military hardware including an increased presence on offshore counter-terrorism operations in the 2017 Budget.
Australian diplomats posted overseas will see their allowances slashed in a government bid to save $37 million.
‘Responsible’: Chalmers’ big budget hint
While the Treasurer urged “caution and conservatism” over a possible surprise surplus, he has left the door open for further cost-of-living measures.
‘Back on track’: Dutton’s new ad pledge
Opposition Leader Peter Dutton has attempted to show off a softer side to his political personality by debuting a new ad where he promises to get Australia “back on track”.