Tuesday 29 March 2022

Federal Budget 2022

 Federal Budget 2022


Unemployment to go even lower... (?)


100 Billion better off than last year.


Significantly lower debt than last year.


More disaster payments to be made in response to the flood crisis in North east NSW and southern Queensland.


Cost of living relief. Temporary 'cost of living package.'


20 cent fuel excise cut from midnight tonight.

(Not at a cost to road funding).


$420 cost of living tax offset from mid year.


5000 dollars to new apprentices.


3.7 billion to national skills agreement.


$120 tax deduction for every $100 spent on electronic infrastructure by small businesses.


Half taxes for new patents by small companies.


New water infrastructure in regional areas.


More training places for doctors at regional universities.


Net Zero by 2050. Highest takeup of rooftop solar.

Further investments in microgrids. Renewables for remote communities.


Mental Illness treatment - more Headspace, digital support services


Domestic Violence - more services to help victims, including emergency accomodation. $1.3 B package.


Enhancing parental leave. Flexibility for parents. 2 more weeks for single parents.


$350 Million dollars more funding for aged care facilities.


50000 places per year in the Home Guarantee scheme.


$180 Billion in education over the next four years.


636 million dollars to expand indigenous rangers program.


170 Billion dollars to threatened species programs (including towards conservation of Koalas).


Extra Veterans funding.


38 Billion dollars to expanding Defence Force

$9.9 Billion to cyber capabilities.



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