"Not only has the Government reversed last year's promise of small increases to the aid budget, but they are raiding the aid budget to fund "other priorities" such as their tax cuts for big corporates".
This year's Federal Budget speculation frenzy is at an end with the delivery of the Budget on Tuesday night by the Federal Treasurer, Scott Morrison.
Mr Morrison commitedt to a surplus by 2021, as more leaks about the Budget reveal his plans for the NDIS and Medicare.
But there's no serious, and hard, reform in this budget.
The budget also gave some more detail on the government's plans to develop a second global airport in Sydney.
The forecasts show the best job prospects will still be in the services sector and particularly those companies which are exporting services.
Treasurer Morrison gave more ammunition to the banking regulator - Australian Prudential Regulation Authority (APRA) - to penalise banks and senior executives for misconduct.
This comes at a time when the world is experiencing a range of unprecedented humanitarian crises, with over 20 million people facing starvation in East Africa and Yemen and tens of millions of people fleeing war and persecution in Syria.
Morrison painted an optimistic picture of the economic outlook, while acknowledging the pain Australians have been feeling, saying that not all people had shared the country's economic growth and "many remain frustrated at not getting ahead". "It is all of our responsibility to fund the NDIS".
Labor won't stand in the way of a new $6 billion bank levy, but Mr Swan doubts the coalition's corporate tax cut will produce the optimistic jobs and growth dividend the government predicts.
Former Boston Celtics speak on 'sour breakup' with Ray Allen
But Allen's publicist told ESPN's Rachel Nichols that his account was hacked, and Facebook unverified the page. Just moments later, Pierce returned to the court, and played the rest of the game.
Road, rail and runway construction will support growth from Western Sydney to Western Australia, Treasurer Scott Morrison announced in Canberra today.
Federal public servants were warned in Tuesday's budget to get used to wages growth lagging way behind their local and state government counterparts. "However, the Budget Papers suggest this number will be netted against interactions with other taxes (i.e. corporate income tax) and subsequently notes that the levy will increase tax receipts by A$5.5 bn over the next four years, which amounts to 3.6% of earnings".
Nevertheless, it will support the levy, shadow treasurer Chris Bowen confirmed.
It was the biggest increase in a decade, he said.
The Medicare levy will rise to 2.5 per cent for every Australian earning more than $21,655, an increase of 0.5 per cent. The disability community looks forward to parliament taking the same approach this time'.
Meanwhile Deloitte Access Economics' Chris Richardson said there was some "excellent politics" within the coalition's budget, but was sceptical about the government's promise to return the budget, which is now at 29.4 billion AU dollars (21.6 billion USA dollars) to surplus by 2021.
On the first, ON supporters may be slightly reassured by infrastructure spending and the foreign property buyer measures but given the Budget persists with absurd levels of immigration it is not going to change folk's minds. "These changes will have significant ramifications for the industry and we expect to be fully consulted before implementation", Loane said.
Hungry to know more about the budget?
To pay for it, the government will crack down on multinational tax avoidance, bring in extra revenue from tobacco and cut funding to universities.
Political analyst Laurie Oakes, who has covered 48 federal budgets for the Nine Network, said the budget could have been handed down by a Labor government, but said it "does what the government needs to do" to "lift it out of the electoral doldrums".
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