Federal Budget Follow Up


Tuesday night’s Federal Budget has also locked in significant funding hand-outs for the A.C.T.


While Treasurer JIM CHALMERS says he made a budget to address cost of living,

The document has also ensured, Light Rail STAGE 2B does not miss out….

50-million dollars has been promised for the project.

A big win also for the Canberra based Australian Institute of Sport –

250-million dollars will be spent on the facility, ahead of the Brisbane 2032 Olympics.

..and as expected- an early birthday present for the Canberra Symphony Orchestra…. which turns 75 next year… more than four million dollars has been earmarked, over four years.


In General:

The Federal Opposition will support planned energy bill rebates, but says they won’t do much to ease pain for struggling Australians.

The Government will give all households a one-off 300-dollar bill reduction as part of the budget.

Labor claims the measure will help take the edge off inflation.



The education union says a financial boost for skills and training will help re-build the nation’s TAFE sector.

The Federal Government will fund an extra 15-thousand fee-free TAFE places in this year’s budget — with a focus on growing the construction workforce.


The budget also includes:

** A freeze on the price of some medicines under the Pharmaceutical Benefits Scheme.

** An extension of the 20-thousand-dollar instant asset write-off for small businesses, until the middle of 20-25.

** And a surplus for this financial year, but with deficits in the following years.

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