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Federal Budget 2018: Everything you need to know

FROM tax cuts to health funding, education, infrastructure, crime and more. Here’s everything we know coming up in tonight’s federal budget.

Low earners priority for tax cuts: Cormann

TAX

■ Targeted at workers on less than $87,000 a year

■ A 40 per cent beer tax abolished for craft breweries

■ ATO to raise $3.6 billion from illicit tobacco crackdown

Budget surplus in 2021

■ $259.6 million for NT to offset loss of GST revenue

■ 0.5 per cent Medicare levy hike for NDIS to be dropped

HEALTH

■ $40 million for whooping cough immunisation

Multi-billion dollar increase in health spending

■ Funding for people getting aged care in their own homes

■ $241 million for spinal muscular atrophy drug Spinraza

■ $84 million for mental health nurses in rural areas

■ $33.8 million for Lifeline’s 24-hour telephone service

■ $118.9 million for WA hospitals

■ $56 million for projects to help people with disabilities

INFRASTRUCTURE

■ $1 billion for the M1 between Brisbane and the Gold Coast

■ $400m for Port Botany rail duplication

■ $390 million to upgrade the Sunshine Coast rail network

■ $500 million upgrade for WA’s Ellenbrook rail line

■ $155 million for a new bridge at Nowra

■ $970 million for Coffs Harbour bypass

ENVIRONMENT

■ $500 million for Great Barrier Reef

SCIENCE & INDUSTRY

■ Multimillion-dollar savings on R&D tax incentive

■ $50 million to go towards setting up a space agency

TOURISM & ARTS

■ $25 million for a new visitors centre at Kurnell

■ $140 million location incentive to lure big-budget films

■ $70 million for the Pawsey Supercomputing Centre

HUMAN SERVICES

■ Additional $300 million for disability employment services

■ Extension of indigenous rangers program

EDUCATION

■ $271 million for regional and remote childhood education

■ School chaplains four year extension to focus on bullying

CRIME

■ $68.6 million to establish a centre to counter child exploitation

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Original URL: https://www.dailytelegraph.com.au/news/nsw/federal-budget-2018-everything-you-need-to-know/news-story/746ffefc723df671502eba7e6d67f57a