Budget 2020 notes
Unprecedented support.
213.7 Billion Dollar Defecit.
No rise in taxes.
No economic recovery without a jobs recovery.
50% wage subsidy for new apprentices and trainees.
Tax cut. (Backdated to the 1st of July this year) Lifting thresholds.
The largest set of investment incentives any Australian Government has ever provided. Available to many (or all) businesses.
Instant asset write off expanded.
1.3 Billion into Manufacturing.
More funding for CSIRO and Universities.
More gas production.
More roads, rail and bridges.
14 Billion dollars in infrastructure.
2Bn - Road safety upgrades - use it or lose it.
Water infrastructure. Wyangla and Dungowan Dams. More dams, weirs and pipelines.
More Environmental funding.
250 million to modernise recycling infrastructure.
Affordable housing.
Indigenous home ownership in regional areas.
3.9 Billion to the NDIS.
213.7 Billion Dollar Defecit.
No rise in taxes.
No economic recovery without a jobs recovery.
50% wage subsidy for new apprentices and trainees.
Tax cut. (Backdated to the 1st of July this year) Lifting thresholds.
The largest set of investment incentives any Australian Government has ever provided. Available to many (or all) businesses.
Instant asset write off expanded.
1.3 Billion into Manufacturing.
More funding for CSIRO and Universities.
More gas production.
More roads, rail and bridges.
14 Billion dollars in infrastructure.
2Bn - Road safety upgrades - use it or lose it.
Water infrastructure. Wyangla and Dungowan Dams. More dams, weirs and pipelines.
More Environmental funding.
250 million to modernise recycling infrastructure.
Affordable housing.
Indigenous home ownership in regional areas.
3.9 Billion to the NDIS.