Deputy Prime Minister Michael McCormack has told Sky News, regional Australia continues to “defy the odds” as key rural industries grew throughout the pandemic. He said the regions have done “very well through COVID-19” and have helped “lead the way” as the nation tries to recover from the virus recession. “Agriculture has grown by a billion dollars despite the drought, despite the bushfires, and of course despite the virus,” Mr McCormack said.
“What we’ve seen is regional Australia still defy the odds as they always have. They’re very resilient”. Treasurer Josh Frydenberg handed down his government’s budget on Tuesday night detailing the Coalition’s plan to revive the Australian economy. The deputy prime minister said the budget means “jobs, jobs, and more jobs” for rural Australia. “There’s 45,600 jobs identified by the Regional Australia Institute in the regions right now,” he said.
Source: Financial Digest (financialdigest.net)
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Source: SkyNewsAust - 🏆 7. / 78 Read more »
Budget focuses on farm worker shortage, water security and new farm equipmentBillions of dollars for water infrastructure, and an extended instant asset write-off to help rural Australia lead the country out of the COVID-19 recession feature in the Federal Budget. What they have an idea Use the ADF
Source: abcnews - 🏆 5. / 83 Read more »
Australia faces ‘astonishing bill’ yet fewer than 300 people sick with coronavirus | Sky News AustraliaSky News host Andrew Bolt says the figure which was left out of this year’s federal budget was that fewer than 300 Australians who are sick with COVID-19 at the moment.\n\nTreasurer Josh Frydenberg, during Tuesday’s delivery of the federal budget, announced Australia’s net debt will hit $966 billion in 2024 as a result of the government’s COVID-19 economic recovery.\n\nMeanwhile the coronavirus response will see the budget deficit blow out o $213.7 billion this year, but will fall to $66.9 billion, according to the treasurer.\n\n“The other figure which wasn’t in the budget was that around Australia there are fewer than 300 people who are sick right now with the virus,” Mr Bolt said.\n\n“You have to think, how big was this overreaction, and now we see the enormous bill, it’s just astonishing to me.”\n 1 trillion dollar debt lol what a future 🙄 The containment policy worked. Good point Andrew. Hope you saw this, asleep at the wheel.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
'Budget is doing its job': Business Council of Australia CEO | Sky News AustraliaBusiness Council of Australia CEO Jennifer Westacott says the budget is doing its job.\n\n“It is a crisis situation that we are in. We have a million people who don’t have a job,” she said.\n\nMs Westacott said the role of the federal budget was to “get those people back to work” by driving business investment and economic activity.\n\nShe praised the stimulus measures which targeted retraining programs and hiring incentives. \n Stealing from the poor giving it to the rich that’s a Liberal budget I corrected your title 'Rich person says budget is great, despite the majority of Australians about to suffer during a recession and record job losses'.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
'Our budget plan will see Australia a stronger nation': Treasurer | Sky News AustraliaTreasurer Josh Frydenberg has reaffirmed the 2020-2021 budget will prioritise Australian jobs as he delivered a speech at a press conference ahead of tonight's budget reveal. \n\nHe touted the Morrison government’s “unprecedented” amount of support for Australians during the coronavirus crisis. \n\nThe treasurer is expected to hand down a record-spending budget in response to the devastating economic impact of the pandemic. \n\n'Our plan will create opportunity. Our plan will drive investment. Our plan will grow the economy and guarantee the essential services Australians rely on,” Mr Frydenberg said. \n\n“Our plan will see Australia a stronger nation”. \n\nMr Frydenberg highlighted the nation’s slow recovery in past recessions saying 'unemployment goes up the elevator and comes down the stairs'. \n\n“We want to move faster than that.” \n\n What jobs? You’ve omitted “casual” before “jobs”. Needs to be entrepreneurs to get funds for start up business and also industry to create jobs. But banks would rather say no to entrepreneurs with ideas and rather ask how much equity do you have in your home.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
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Source: SkyNewsAust - 🏆 7. / 78 Read more »