Tag: federal budget
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JobFaker: Grants Aussies Under 35 Jobs, Leaves Older Gen Jobless
Under the Government’s JobMaker Hiring Credit 450,000 jobs will be proffered to young people and an upshot of Aussie over 35 will be penurious, hapless and jobless. The scheme will provide employers, who hire workers aged 16-30, $200 per week and only $100 per week for any workers aged 30-35. For employers to be eligible,…
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The Federal Budget 2020-21: What you need to know before it’s announced
The Morrison government will announce perhaps the most significant federal budget within the last few decades, hoping to re-stimulate the Australian economy. The annual event is set to take place on Tuesday night, with treasurer Josh Frydenberg taking centre stage to address the government’s plans for a post-COVID-19 recovery. Prime Minister Scott Morrison said in…
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Budget invests in a reliable energy future
A $265 million energy package in the 2017 Federal Budget will ensure Australia maintains a secure, competitive and reliable energy system into the future. The nation’s energy system is undergoing its greatest transition since electricity became widely available in Australia. The measures in this package will set Australia up for a modern and dynamic energy…
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Federal Budget to distinguish between ‘good debt’ and ‘bad debt’
Federal Treasurer Scott Morrison has announced changes to the way the upcoming budget will be reported, to clarify the differences between ‘good debt’ and ‘bad debt’, adding to the new ideas being touted for this year’s budget review. Mr Morrison will announce the changes in a speech at a lunch with the Australian Business Economists today…