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Home The Post Columnists

Federal Budget – What it Means for Bradfield

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

The Albanese Labor Government’s third Budget was a missed opportunity and failed to address a host of challenges impacting households in Bradfield and beyond.

Like other Australian families, Bradfield families have endured a cost-of-living crisis, with energy prices, mortgages and grocery bills all up.

Food is up 10 per cent, housing is up 12 per cent, and electricity is up 18 per cent.

This Budget brings Labor’s extra spending to$315 billion, which will worsen inflation.

The average Australian household with a mortgage is now $35,000 worse off.

The Budget does deliver some important and worthwhile initiatives, such as $3.4 billion to add life changing and lifesaving medicines to PBS, and $1 billion towards accommodation for women and children fleeing domestic violence.

The Coalition is committed to supporting families and communities.

If re-elected, a Coalition Government will recommit to increasing the amount older Australians and veterans can work without reducing pension payments.

We will double the existing work bonus from $300 per fortnight to $600, which is estimated to benefit over 80,000 pensioners and veterans who choose to work.

In response to the shortage in GPs, we will invest $400 million to provide junior doctors who train in general practice with incentive payments and support.

I will continue to advocate for sensible spending and policies that make households better off.

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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