The 2015 Budget is a ‘have a go’ Budget that will help local families and small businesses.
Member for Forde, Bert van Manen MP said the big winners of this Budget were families and small businesses.
“This Budget will deliver jobs, growth and opportunity in a way that is responsible, measured and fair,” Mr van Manen said.
“It is the next step in the Coalition Government’s long-term economic plan to build a stronger, safer and more prosperous future for all Australians.”
Mr van Manen said the Government knew there were economic challenges – yet because of the economic management of the Abbott Government, Australia’s economic and Budget position had improved.
“Economic growth is up; jobs are up – nearly 250,000 new jobs since the election and retail sales are at record levels – as are new dwelling approvals.
“Deficits over the forward estimates are reducing each and every year from $35.1 billion in 2015-16 to $6.9 billion in 2018-19, which is unchanged from last year.
Highlights of the Budget include:
The $5.5 billion Jobs and Small Business package – the biggest small business package in our nation’s history;
The $4.4 billion Families Package to give parents more choice and opportunity to work;
Reforms that make our taxation, foreign investment, welfare and individual benefits systems fair and sustainable;
$1.2 billion in new funding for national security, which builds on the $1 billion announced last year
Continuation of the Government’s $50 billion infrastructure programme.
Mr van Manen said he was delighted that the Budget would help to build a strong, safe and prosperous future for all Australians.
More details on the Budget are available at www.budget.gov.au