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The Post
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Home The Post Columnists

24-25 Budget Underwhelms

by admin
1 June 2024
in Columnists
Reading Time: 2 mins read
0 0

Many Australians will be looking forward to some cost-of-living relief in the coming weeks, with the Federal Government’s new $300 energy rebate and Stage 3 tax cuts coming into play from 1 July.

The energy rebate is one of a number of sugar hits in a Federal Budget that was full of nice headlines. There certainly are many households that are currently doing it tough and would benefit from a lower energy bill.

At the same time, a $300 rebate for every Australian household regardless of whether they earn several million dollars a year or are getting by on a pension will cost taxpayers a total of $3.5 billion.

Surely this money could have been better targeted, or even redirected towards long-term solutions like helping households invest in solar and batteries, so they need not rely on expensive fossil fuels.

Ultimately, despite the surplus, I found the Budget 24-25 underwhelming: full of headlines but lacking the leadership and reform needed to address our housing, climate, intergenerational equity, and domestic violence crises.

In the lead up to the budget, I consulted with community groups, peak bodies and local councils, and took their views to the Treasurer and ministers of the climate change, transport, health, employment and social services portfolios.

I remain as always committed to working with the Government, my colleagues in Parliament, and all in our community towards the progress we want to see.

admin

admin

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The Post is the premier independent newsmagazine for the Hornsby Shire and Ku-ring-gai communities. We deliver hyperlocal news across Sydney’s Upper North Shore, covering stories that matter most to our neighbors—from local council decisions to arts, business networking, and school achievements. With our new Audio Edition, local news is now more accessible than ever.
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