WITH the Federal Government releasing the budget last week, debate, criticism and commentary from all sides have erupted about Australia’s economic future.
Federal member for Nicholls Sam Birrell says families, farmers and small businesses will be impacted by Labor’s broken promises on tax which betrays the trust of Australians and will see regional Australians pay more.
“This is a Budget of broken promises, higher taxes, more debt, lower living standards and fewer homes for Australians,” said Mr Birrell.
“The Albanese Government’s spending is still out of control, and they are raising taxes and cutting from regions to fund it.”
“The argument that this is about intergenerational equity is a fallacy because young Australians are going to be paying for this governments reckless spending for most of their working lives.”
Across the Budget, regional Australians face at least $11B worth of cuts, including:
- $6.15B cut from the Inland Rail project,
- $4.7B cut from infrastructure spending,
- $103M cut from the National Water Grid,
- $191.6M cut from pest and disease, regional trade and drought funding for farmers
- $21.4M cut from regional communications funding.
The budget included funding for new rounds for Growing Regions (projects up to $15M) and Stronger Communities (smaller community projects up to $20,000).
