'A healthy birth rate is good for Australia ': Treasurer Jim Chalmers hints at birth bolstering measures in upcoming May budget
At the same time, the natural population increase fell 3.9 percent to just 111,000 people, according to the Australian Bureau of Statistics. Mr Chalmers on Friday revealed additional support to raise birth rates was discussed in planning for the upcoming 2024-25 budget, to be handed down on Tuesday about 7:30pm.
When asked if another baby bonus reminiscent of the Howard-era would be announced on Tuesday, Mr Chalmers pointed to the government’s faith in alternative supports for growing families.Australia's dwindling birth rate has sparked calls for the government to bolster natural population growth rather than bank on international arrivals. Picture: Getty Images
The scheme, introduced January 2011, now sees the federal government pay 20 weeks' leave and it will rise to 26 weeks by 2026. “That’s one of the proudest things I think Katy and I have been working on over the course of the first couple of years”.
Jim Chalmers Budget Australia
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Treasurer Jim Chalmers speaks on foreign investment reformSarah Ferguson presents Australia's premier daily current affairs program, delivering agenda-setting public affairs journalism and interviews that hold the powerful to account. Plus political analysis from Laura Tingle.
Source: abc730 - 🏆 14. / 63 Read more »
Federal budget: Rein in state spending to help RBA on interest rates, Treasurer Jim Chalmers urgedGovernments are on track to loosen their budgets by $50 billion in the middle of an inflation crisis and rising interest rates.
Source: FinancialReview - 🏆 2. / 90 Read more »
Treasurer Jim Chalmers cautions on call by Economic Inclusion Advisory Committee for welfare cash splashReleasing a new expert report, Treasurer Jim Chalmers cautions extra help for Australians doing it tough had to be weighed against other fiscal challenges.
Source: FinancialReview - 🏆 2. / 90 Read more »
Treasurer Jim Chalmers stares down NSW funding threat in GST rowNSW Treasurer Daniel Mookhey says an inequitable GST allocation will likely cost the state its remaining two AAA credit ratings.
Source: FinancialReview - 🏆 2. / 90 Read more »
Treasurer Jim Chalmers says Middle East conflict could impact InflationFederal Treasurer Jim Chalmers says fresh hostilities in the Middle East are a 'genuine threat' to our economy, with any spike in global oil prices set to impact the cost of petrol.
Source: 9NewsAUS - 🏆 10. / 72 Read more »
Treasurer Jim Chalmers urged to prioritize long-term solution for aged care fundingThe upcoming budget announcement by Treasurer Jim Chalmers will determine the sustainability of the aged care industry. The new Aged Care Act, recommended by the Royal Commission, will focus on residential care and support standards. Chalmers should not opt for a short-term fix, but rather prioritize a robust model for the next 50 years and beyond.
Source: FinancialReview - 🏆 2. / 90 Read more »