Liberals reveal economic recovery plan to get state up and running
Under a plan to help household finances hit by the coronavirus pandemic, the State Opposition is set to unveil a blueprint to improve incomes and rebuild local economies, including increasing an energy concession to relieve pressure on bills.
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An energy concession given to more than 900,000 households would be bumped up to a one-off $1000 saving, under a State Opposition plan to help Victorians hit by the coronavirus pandemic.
The Coalition will today unveil its full alternative blueprint for economic recovery.
The document, titled Our Plan to get Victoria Back to Work and Back in Business, will outline a raft of ideas to improve personal incomes, rebuild local economies, help struggling communities and improve public safety.
Opposition Leader Michael O’Brien will call on the Andrews Government to adopt the strategy and reduce the cost of living for families.
Under the plan, the concession given to seniors and low-income households would be lifted to take up to $1000 off bills during the 2020-21 financial year.
In 2018-19, more than 919,000 households received a mains electricity concession.
No new taxes would be introduced while tolls, public transport fares and rates would be frozen until July 2021.
Writing in today’s Herald Sun, Mr O’Brien calls on the State Government to act urgently to revive the Victorian economy.
“The National Cabinet showed that leaders from different political parties can come and work together in the best interests of our nation.”
The full plan comes after the Coalition this week urged the State Government to introduce a $1 billion fund to encourage manufacturing in Victoria and for a temporary waiver on payroll tax for the first $10 million in wages paid by businesses.
When asked about the Opposition’s $1 billion manufacturing fund, Transport Infrastructure Minister Jacinta Allan pointed to the Government’s $3 billion support package for businesses.
“We also know we’re going to need to do more for a whole range of different sectors of the economy,” she said.
“(We are) thinking very carefully about what we need to put in place to support the Victorian economy and Victorian jobs into the future.”
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