Mixed reactions to Scott Morrison's third budget

Prime Minister Malcolm Turnbull shakes hands with Treasurer Scott Morrison after delivering the 2018 Budget in the House of Representatives at Parliament House in Canberra, Tuesday, May 8, 2018. (AAP Image/Mick Tsikas) NO ARCHIVING

Prime Minister Malcolm Turnbull shakes hands with Treasurer Scott Morrison after delivering the 2018 Budget i2018. (AAP Image/Mick Tsikas) NO ARCHIVING Source: AAP

In what is slated to be the last Budget before the next federal election... This year’s Budget has delivered an economic plan focused on tax relief and boosting businesses. While many are welcoming the tax cuts and focus on economic growth, many interest groups say it does not focus on the real needs of Australians.


The Treasurer Scott Morrison delivered his Budget speech on Tuesday night in Parliament House.

Tax cuts for low and middle income earners, and an emphasis on increasing economic activity brought praise from many interest groups, including the

Australian Industry Group's Innes Willox.

"This is a very positive Budget, a cause for optimism, and many of the measures in here and commitments that the government has made should be applauded."]]

But funnelling unexpected government income into tax cuts rather than paying down the deficit has some, like  James Pearson, from the Australian Chamber of Commerce and Industry worried.

"This is a budget that's taking the country in the right direction, it would have been good to see more ambition on long term budget repair." ]]

Another tick for the government was its focus on health.

Council of the Aging's Ian Yates said this year's Budget was a win for Australia's aging population.

"For the first time we've seen the government attempt a comprehensive package about aging. "]]

Health organisations were particularly happy there'll be more home care services funding for thousands of older Australians.

No increase in the foreign aid budget though, with the government holding it at 4-point-2-billion dollars per year.

Sally Moyle, from CARE Australia, says Australia's contribution to aid has been cut by 30 per cent over the past five years and this year's freeze means it'll effectively be reduced even further.

 

 


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