A Budget for our Community
“Great news in the budget for local projects. $332 million allocated this year and $221 million next year to complete the duplication of the Pacific Highway by 2020, the Federal Member for Page Kevin Hogan said.
“Also both the Regional Growth Fund and the Building Better Regions Fund have had funding extensions. These are the Funds that I have obtained money for things like, the $15 million grant to Norco, Oakes, Crozier Oval upgrades, Casino Saleyards redevelopment, Maclean Riverside Precinct Upgrade, new Woolgoolga Surf Club and more. This means I can continue to get funding for these types of infrastructure upgrades in our community.
Also great to see the Bridge Renewal Program extended. This means more money for Kyogle and the Clarence Valley to repair bridges.
Mr Hogan said this year’s budget would also put money back into family budgets, create more local jobs and guarantee the essential services that we depend on as the Government continues to invest heavily in regional infrastructure.
“Immediate tax relief for low to middle income earners will help ease the financial pressures on families putting up to $2160 back in the pockets of dual income families and up to $1,080 for single income earners,” he said.
“For small to medium-sized businesses, we are also increasing the instant asset write-off threshold to $30,000.”
“We have been able to provide this relief as we have returned the budget to surplus for the first time in 12 years.
“This has been achieved by encouraging economic growth and job creation. Since 2013, we have created a record 1.3 million jobs. Over the next five years we will create a further 1.25 million jobs
“We will also continue to deliver record levels of funding for public, Independent and Catholic schools. Recurrent annual funding for schools will grow from $19.9 billion in 2019 to $32.4 billion in 2029.
“The Government is also committing record funding to health, with total spending expected to increase from $81.8 billion in 2019‑20 to $89.5 billion in 2022‑23.
“I am also particularly happy that we are investing more in Aged Care with $282.4 million for more Home Care packages to allow more people to receive care sooner.