Rescind tax cuts for the wealthy and start paying down debt. The government, however, pushes ahead with tax cuts that will benefit the wealthy the most. During periods of inflation the least well-off are hit the hardest. Only in political La La Land can a budget claim a surplus while servicing billions of dollars of debt. While we all know you need to be in government to do anything, you also need to be prepared to do something when you’re there – that’s sadly far too little of the right things at present. Labor will never have the economic credentials it so desperately wants unless it displays the courage and vision of the Hawke/Keating era, while bringing industry and the top end of town along for the ride.
Now he wants to stay a small target to secure a second term. Bipin Johri, EppingĪnthony Albanese is our PM because he made Labor a small target and left the other side to self-destruct. Let’s hope government decides to cancel the tax cuts and rein in house prices by taking concrete measures to reduce tax incentives for investment properties. Government cannot afford to carry on with the proposed tax cuts for higher earners without either cutting services or increasing the debt. Gittins is right when he says that this budget is irresponsible. This budget doesn’t go far enough to help those who need it most. The budget missed the chance to tax the large mining corporations and as Gittins rightly says, $2.4b over four years is peanuts. The Labor Party would gain a lot of popularity by reversing those tax cuts and undoubtedly gain support from the Greens and independents the Coalition really couldn’t oppose it. Jim Chalmers says that those tax cuts have been previously legislated, but why doesn’t he change them? That action alone, providing the largesse goes to the needy, would lift that group into a much better lifestyle. Ross Gittins nails some of the inequities in this budget and highlights the fact that the proposed tax cuts will go to the wrong people (“ Timidly treading water for popularity”, May 10). “Some of the things that are being said in this debate are hurtful,” he said.Normal text size Larger text size Very large text size Prime Minister Anthony Albanese told ABC News Breakfast the federal government was aware of the “difficult impact” the campaign is having on Indigenous Australians. The National Aboriginal Community Controlled Health Organisation will receive $10 million to support the mental health of First Nations people during the campaign, which is expected to run between October and December.Īnother $500,000 will be given to the Australian National University's Mayi Kuwayu research team to monitor the wellbeing of communities during this time. Most of the money is for the Australian Electoral Commission to facilitate the referendum process, including $10 million to deliver Yes and No information pamphlets to every Australian household. The funding is part of a $364 million package to deliver the referendum on whether to recognise Aboriginal and Torres Strait Islander people in the constitution through a Voice to Parliament.
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