Australians will be promised protection from the rising cost of living in the coming federal budget in a plan to use increasing tax revenue to fund some new payments aimed squarely at families.
“We’ve already taken steps to provide around $30 billion in tax relief since the start of COVID and to reduce childcare costs as well, with more than $10 billion being invested.“We’ll see further targeted, proportionate, temporary measures in this budget to address cost-of-living pressures for families and help them during this challenging time.”
“We’ve heard all of this stuff before from Josh Frydenberg. We’ve heard all of the marketing followed by all of the mismanagement and ordinary Australians are paying the price for that,” he said. But with inflation on the rise around the world and the Russian invasion of Ukraine sending commodity prices soaring, Mr Frydenberg acknowledged the uncertainty about forecasts that would add tens of billions of dollars to tax revenue from coal, gas and iron ore.
He said he had refused spending demands from interest groups and others, pointing to his record in turning down calls from Labor leader Anthony Albanese to continue spending.
More one off payments? Insulting to hard working everyday Australians!
Probably do tax cuts that should really be removed so when Labor win and have to put them back they can cry hiw Labor lives taxes. I can see lnp dropping fuel excise to lookblike a good guy that scream when Labor had to reinstate it. Political 💣
The ScottMorrisonMP Liberal Government trying to buy its way to re-election. They should have reacted well before now to ease cost-of-living pressures, always too late!! Sign of continued reaction leadership!!!
We love you Mr Frydenberg
We’re not voting for you bunch of puppets! Through all the money you like at us but we won’t forget!
What about poor old investment property owners. Don’t you understand how difficult it is to buy your fifth property? Surely it’s about time for more CGT discounts.
That’s where the disaster fund has gone
Too late for that he had his chance
Because single people, those on welfare and pensioners do not have any cost of living pressures.
And what do the single and older people get? As usual, fuck all!
On top of the tax cuts Mm pensioners not seen as under cost of living pressure as no tax cuts or anything from this Family support
Cash bribes. Cool.
One off payment ain’t going to help. Cutting the fuel excise or cutting the GST on petrol a much better idea.
Meanwhile taxes increase
These will be one off payments to get LNP past the election.
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