The government has confirmed that it plans to invest in mRNA vaccine production in Australia, as well as committing another $1.9 billion to support Australia's rollout. It also announced new tax incentives for medical and biotech companies in Australia.: Treasury is estimating a deficit of $161 billion by the end of the 2020-2021 financial year, which is more than $50 billion better than what was expected based on projections from the last budget.
"It's remarkable that they've spent a hundred billion dollars last night, they racked up a trillion dollars in debt and yet still we've got real wages going backwards," Mr Chalmers told Fran Kelly on RN Breakfast. "What we say about the budget is, if you're going to rack up this much debt, you're going to spend this much money, let's leave a lasting legacy. Let's transform the economy in the interests of the Australian people."Aged care was one of the key budget focus areas, and while the numbers look big on paper, Sarah Russell from Aged Care Reform Now said the funding announced in last night's budget speech “was not a big spend at all”.
People With Disability Australia president Sam Connor said overall this was not a budget for the disability community, with no mention of the disability royal commission or any possible extension to it.
I have one, why are slomo’s mates getting handouts?
Clearly the budget has forgotten about Dads. As a female I’m really saddened by men who have experienced domestic violence and in the budget there is nothing for them. It’s a slap in the face right there to all male victims. There is no place to go when you are a male victim.
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