Treasurer Jim Chalmers has pitched his budget, to be delivered on Tuesday, as “family-friendly” — with childcare subsidies and changes to paid parental leave.
Treasurer Chalmers has pitched his budget, to be delivered on Tuesday, as “family friendly” — with childcare subsidies and changes to paid parental leave.Australians are being told not to expect "cheques in the mail" in the upcoming budget after Treasurer Jim Chalmers announced Labor's first budget in more than a decade will not include direct relief, despite the rising cost of living.
The economy is expected to slow as inflation peaks towards the end of the year and as high energy prices and increasing interest rates squeeze businesses.Given these factors, Dr Chalmers said there will be no return to pandemic-style handouts or economy-boosting vouchers in his budget.Faster visa processing promised
The Morrison government cut $875 million from the Department of Home Affairs migration program — which processes visa — over four years. “I think people broadly understand that the economy will slow, and unemployment will tick up a bit, but still lower than what it was before the pandemic,” Dr Chalmers said.Opposition leader Peter Dutton said Labor promised it would help struggling families during the election, but was now delivering job losses.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Warning of 'very dangerous' 48 hours ahead for flood-hit NSWCurrently there are over 120 warnings in place with 20 being evacuation orders as more rain is expected to lash the state. 9News
Read more »
Italy’s Giorgia Meloni: an ambiguous figure with a tough job aheadFar-right Brothers of Italy leader is now in charge of navigating economic crisis – and she’s wasting no time
Read more »
‘Perilous journey ahead’ under Victoria’s energy overhaulClean energy investors have warned of an investment drought and large energy users fear for their survival unless Victoria gets its energy plan right.
Read more »
'Very difficult few days' ahead as flood threat remainsAs heavy rain continues to lash Australia's east coast, there are warnings of a 'very difficult few days' ahead with authorities in NSW saying they are 'quite literally sandbagging the state'.
Read more »
How is Wivenhoe Dam's water releases ahead of the wet season going?Wivenhoe Dam is located on the Brisbane River in the Somerset Regional Council area, and along with Lake Somerset, it supplies 70 per cent of south-east Queensland's water supply.
Read more »
Ilhan Omar on the critical issues of the midterm elections: ‘People understand what’s at stake’From abortion rights to climate action, the Minnesota congresswoman outlines the work ahead for Democrats
Read more »