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Decoding Treasurer Josh Frydenberg’s Budget speech and what it means

Politicians sometimes say one thing while meaning something very different. Using advanced decoding technology, let’s see exactly what Treasurer Josh Frydenberg was talking about when he delivered Tuesday night’s Budget speech.

Federal Budget 2019: What it means for you

Politicians sometimes say one thing while meaning something very different.

Using advanced decoding technology, let’s see exactly what Treasurer Josh Frydenberg was talking about when he delivered Tuesday night’s Budget speech.

What Josh said: There are fewer people on welfare. There are a record number of Australians with a job.

What Josh meant: Please let me keep mine.

For the first time in 12 years, our nation is again paying its own way.

And I’ve done it just in time to hand the whole show over to Labor. Absolute genius.

We believe in reward for effort (and) the power
of aspiration and enterprise.

Unless you really push us by aiming beyond $200,000, at which point we all turn into Richard Di Natale.

Treasurer Josh Frydenberg handing down his first Federal Budget. Picture: AAP Image/Lukas Coch
Treasurer Josh Frydenberg handing down his first Federal Budget. Picture: AAP Image/Lukas Coch

Last year the interest bill on the national debt was $18 billion. This is money that could have built 500 schools or a world-class hospital in each state
and territory.

Or it could have been used to not build 18 highways in Melbourne. All depends on how you look at these things.

Our tax system will remain highly progressive with the top 5 per cent of taxpayers paying one-third of all income tax collected and someone earning $200,000 paying 10 times as much tax as someone on $45,000.

I’m a Liberal treasurer and I’m actually happy about this. What on earth has become of me? I desperately require some sort of intervention.

Cranes, hard hats and heavy machinery will be seen across the country, as we build Australia for current and future generations.

Or as another election is called and pollies get out the hi-viz.

There is also more than $400 million in this Budget for genomics research to unlock the secrets of our DNA.

All part of my lifelong quest to find a cure for baldness.

Mr Speaker, as I said in my first speech in this place, education is the first defence of the nation.

Nothing is better guaranteed to ward off millions of Chinese invaders than a few crack student teacher squadrons.

In this Budget we are helping to build a new brain and spinal ward in South Australia.

Where my soon-to-be-former colleague Christopher Pyne will never have any possible use for it.

Just as we teach our kids how to cross the street, we now need to teach them how to sensibly and safely use the web.

No Google search will ever completed by anyone aged 12 and younger unless they are personally accompanied by a lollipop lady.

The fundamentals of the Australian economy are sound, but there are genuine and clear risks emerging both at home and abroad.

The one at home is Malcolm Turnbull. The one abroad is Alex Turnbull.

Under the Coalition, the economy will always be stronger, allowing you and your family to get ahead.

Especially if you or your family are Labor candidates in marginal Liberal seats.

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Original URL: https://www.dailytelegraph.com.au/news/opinion/decoding-treasurer-josh-frydenbers-budget-speech-and-what-it-means/news-story/9ce8591e7e223c767b089f1361b37f17