Business welcomes big-spending budget, but 'bugger all' for those in need

Treasurer Josh Frydenberg is hoping tax relief and big infrastructure spending will win Australian voters over so what's the initial reaction from key business and community stakeholders?

Prime Minister Scott Morrison hugs Treasurer Josh Frydenberg after handing down his first Federal Budget in the House of Representatives at Parliament House in Canberra, Tuesday, April 2, 2019. (AAP Image/Mick Tsikas) NO ARCHIVING

Prime Minister Scott Morrison hugs Treasurer Josh Frydenberg after handing down his first Federal Budget in the House of Representatives Source: AAP

Business groups have embraced the economic plan laid out by the Coalition in Tuesday night's budget, but community groups say there's "bugger all" for Australians most in need.

Treasurer Josh Frydenberg unveiled the government's plan to return the budget to surplus at the end of next financial year, while also handing out generous tax cuts and spending big on infrastructure.



The government is hoping the generous sweeteners, including doubling the tax offset to $1080 for 4.5 million Australians, will be enough to turn around the polls and convince voters to back them at the May election.

Labor has labelled the budget a "con job". 

"It's a fake budget promise with fake promises," Mr Shorten told ABC News Breakfast.

While there's tax relief for low and middle income earners, welfare groups says struggling Australians have missed out. 

The Australian Council of Social Service is vowing to continue its fight for an increase in the Newstart payment for unemployed people, while social housing advocates say there's "bugger all" for the most disadvantaged. 

The government's $158 billion income tax package matches Labor's earlier promise, but it's unclear if the Opposition will also back a plan to reduce the tax rate to 30 per cent for those earning up to $200,000. 

With just two parliamentary sitting days left before the election, the government is vowing to take their budget measures to the electorate rather than rushing it through the parliament.

Here's what some of the key stakeholders made of it: 



Labor

"There is no plan for wages, no plan to tackle power prices, no plan to address climate change, and no plan for the future." - Shadow Treasurer Chris Bowen

The Greens

"This budget is a cynical attempt to buy votes instead of planning for the nation's looming challenges." Greens leader Richard di Natale

Australian Chamber of Commerce and Industry 

"Both job seekers and business will benefit, including from the extra support directly to apprentices and the businesses that employ them." - ACCI chief James Pearson




Business Council of Australia

"This is a strong and responsible budget that delivers a surplus, lowers personal income taxes and invests in jobs, health, education and infrastructure. This is the payoff for the community from spending discipline and hard work." - BCA chief Jennifer Westacott

Australian Council of Social Service

"The government confirms its vision for our country is cuts, tax cuts for people who don't need them, guaranteeing more cuts in future to essential services." - ACOSS chief executive Cassandra Goldie

National Shelter

"This budget does bugger all for those who need it." - National Shelter Adrian Pisarski

Mission Australia

"Once again, the government has blatantly neglected the needs of thousands of people who are homeless and those who are experiencing rental stress." - chief James Toomey

Australian Council of Trade Unions

"It's a cynical attempt to buy votes, but Morrison and Frydenberg are giving with one hand and taking away with the other." - ACTU president Michele O'Neil

The Australian Industry Group

"There are real risks around the disappointing cuts to permanent migration, in the modest improvement to the budgetary outlook and in the shortage of measures to substantially boost domestic productivity." - Ai Group chief executive Innes Willox

Council on the Ageing

"There are some good measures in this budget but there are gaping holes - major initiatives missing in action." - Council boss Ian Yates




Combined Pensioners and Superannuants Association

"A one-off energy assistance payment is about the only thing that pensioners and carers take away." - manager Paul Versteege

Oxfam

"This budget demonstrates that the Morrison government lacks the leadership and the heart to meet the challenges of global inequality and climate change." - Oxfam chief executive Helen Szoke

Disabled People's Organisations Australia

"We very much welcome the $527 million allocated to our Royal Commission into the epidemic of violence, abuse, neglect and exploitation against people with disability in tonight's budget. We know that for people with disability to finally get the justice they deserve, the Royal Commission will need to come with a variety of essential supports and accessibility." - PWDA Co-CEO Matthew Bowden. 

National Disability and Carers Alliance 

"NDIS funds must be spent on the NDIS - not bolstering the budget bottom line." - National Disability and Carers Alliance chair Leah van Poppel

Australian Conservation Foundation

"The government plans to spend $4.36 subsidising pollution for every dollar it spends on climate action." - ACF chief executive Kelly O'Shanassy

Australian Education Union

"Tonight's budget was a continuation of the federal coalition's six years of attacks on public education." - AEU president Correna Haythorpe


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5 min read
Published 2 April 2019 9:37pm
Updated 3 April 2019 10:52am
Source: SBS


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