* The Contingency Reserve is an allowance for anticipated events that cannot be assigned to individual programs. This includes expenses that cannot be revealed due to commercial-in-confidence or national security concerns, decisions taken but not yet announced by the government, and provisions for unfunded public service redundancies.
† Because both years in the comparison have negative values, a negative difference means a positive percentage change . ‡ The raw numbers are more meaningful than a percentage change when one or more of the values being compared is zero or when comparing a positive value with a negative value. All relative dates in this interactive are relative to the budget release date, Tuesday 2 April , 2019.
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Find out if you're a winner or a loser in this year's budgetExplore who wins and loses as a result of Josh Frydenberg's 2019 budget.
Source: abcnews - 🏆 5. / 83 Read more »
Federal Budget 2019: Watch LIVE as Josh Frydenberg delivers maiden budget from Parliament HouseWatch Treasurer Josh Frydenberg deliver the 2019 budget in the House of Representatives live here at 7:30pm
Source: smh - 🏆 6. / 80 Read more »
Budget 2019: 'We're bringing the budget back in black', Scott Morrison vowsPrime Minister Scott Morrison says the coalition has been working towards the surplus it will deliver in Tuesday's budget since it was elected in 2013. ScottMorrisonMP FakeSurplus FakePromises Goes with the Fake makeover. ScottMorrisonMP cannot bare to even look at him ScottMorrisonMP I'd rather be in the red and have anything to show for it than be in the black with only coal mines and war memorials
Source: SBSNews - 🏆 3. / 89 Read more »
ABC gets budget relief as Morrison government extends 'enhanced' news-gathering fundingThe ABC, which has been hit with a series of cuts since 2014, feared for the future of its 'enhanced news-gathering' funding. Umm ... promising to keep funding the same and not cut further is hardly budget relief. That pesky Nine ownership again fergushunter Why would Morrison do anything for Leftist ABC? Unless he’s just another Labor lite seat warmer.
Source: smh - 🏆 6. / 80 Read more »
'Back in the black': Government doubles tax relief and splashes the cash in pre-election budgetTreasurer Josh Frydenberg has more than doubled the Coalition’s tax reform package in a pre-election budget the government hopes will turn around its electoral fortunes. 😂 NO.auspol
Source: SBSNews - 🏆 3. / 89 Read more »
Coalition's last-minute tax cuts 'look hollow': McAllister | Sky News AustraliaFULL INTERVIEW: Labor Senator Jenny McAllister has called out the government on the expected tax cuts for low and middle-income workers in Tuesday's budget, saying the 'last-minute actions to shore up support look hollow'.\n\nSenator McAllister says it is 'remarkable' that the government has done 'so little' for low and middle-income earners over six years in government.\n\nJosh Frydenberg is expected to announce a boost to the Low Income Tax Offset during his first budget as Treasurer.\n\nWhile Labor is 'open to relief' for Australians, Ms McAllister argues the cuts are coming 'too little too late' from a largely 'indifferent' government.\n\nImage: News Corp Australia\n\n\n\n\n\n\n BusinessCardDesign Better not spend my 40cents all at once
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Govt must address NDIS 'underspending' in budget | Sky News AustraliaDirector of Every Australian Counts Kirsten Deane says the government needs to address chronic ‘underspending’ on the National Disability Insurance Scheme.\n\nDisability groups have criticised the government for not spending money it had previously allocated towards the NDIS, with speculation the ‘underspend’ could amount to forecast $1.6 billion over the next four years.\n\nThe government has partially addressed this in the lead up to Tuesday’s budget, pledging a $850 million funding increase to the NDIS, to stop providers going out of business in the face of rising costs.\n\nMs Deane has told Sky News she will be keen to see if the Coalition uses Tuesday’s budget to ‘reinvest’ in the scheme.\n\n How do you think the liberals got a pretend forecast surplus, by not paying for the NDIS, notice they didn't skimp on franking credits or anything to pay for the surplus they in true liberal for attacked the most vulnerable they could find in the bottom 50% Some friends on NDIS aren't actually happy with it and I believe a few have reported that they aren't happy with it. They would prefer to have their own specialists who aren't on NDIS Knowing the Coalitions lousy record over last 6yrs their massive 'underspend' of NDIS was deliberate. People have been complaining of waiting, wrong packages etc for ages. Labor was onto them 'putting the underspend into the budget' and called them out!
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Budget will see a return to ‘the Liberal party of old’ | Sky News AustraliaSky News host Peta Credlin says she believes Treasurer Josh Frydenberg's budget will see the Liberal party ‘return’ to its economically rational roots.\n\nMr Frydenberg is set to hand down his first budget on Tuesday, mere weeks before the federal election is due to be called in May.\n\nThe Coalition is expected to hand down a budget surplus, along with allocating additional funding towards infrastructure and bringing forward tax cuts for low-and-middle income earners.\n\nMs Credlin says she believes this budget, with its emphasis on deficit and spending reduction, will see the return ‘of the Liberal party of old.’\n\n\n\n\n\n I'll believe it when I see it FakeSurplus There is nothing 'rational' about either of the major parties. Please explain what is rational about pulling money out of an economy the RBA is trying to keep afloat by cutting interest rates
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Budget to bring power-bill relief for vulnerable Australians | Sky News AustraliaSome of the nation's most vulnerable people grappling with soaring power bills are being promised relief in Tuesday's federal budget.\n\nReportedly $285 million is being set aside for the government to deposit one-off cash payments into the bank accounts of veterans, pensioners, people living with a disability and single parents.\n\nThe payments aim to help people in various regions around the country, especially in Queensland, which has the highest rate of power disconnections.\n\nMeanwhile, due to the strong budget position, there's speculation the government could speed up already legislated tax cuts. \n\nImage: News Corp Australia\n\n\n\n\n\n\n SenatorCash billshortenmp Please ignore climate change, because the boogey man will steal your wallet. SenatorCash billshortenmp Oh Dear!!! More lies from this spiteful person. SenatorCash billshortenmp They must be desperate if they allow this criminal on the air. Has she made her statement to the AFP yet?
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Budget sets up income tax cut showdown with Labor | Sky News AustraliaThe government has declared the budget is ‘back in the black’, with the 2019 federal plan promising $45 billion in surpluses over the next four years. \n\nThe budget has however set the Coalition up for an income tax cut showdown with the Opposition, as the government promises big savings for high and low-income earners.\n\nImage: News Corp Australia\n\n
Source: SkyNewsAust - 🏆 7. / 78 Read more »