Australian budget reaction updates: Coalition punts on business for Covid recovery – politics live | Australia news

Join Hafta-Ichi to Research the article “Australian budget reaction updates: Coalition punts on business for Covid recovery – politics live | Australia news”

I want to be very clear about this: the bringing forward of tax cuts and the tax cuts that are in this budget, the support for hiring new employees with their JobMaker hiring credit, the instant asset write-off taken to ferric levels to ensure businesses can write off everything to create jobs, none of this is dependent on a vaccine or not.

There’s always assumptions in the budget, there’s assumptions about many things but this budget is a plan and that plan is not on those assumptions.

This plan is dependent on doing things to do to get the economy moving, to get people back into jobs, to recover by bringing forward those hiring and investing decisions and bringing forward those Tucks so people can keep more of what they earn and to ensure we’re building the economy for the future.

With everything from our digital transformation changes, the investments and changes we’re making in training and education, a billion dollars extra in research for universities, almost half a billion to support the CSIRO who’s other corporate revenues will be affected by the COVID-19 recession, and building for the future.

We’re going to come out of this stronger and have another generation [of growth], our plan is to over the next 20, 30 years, that Australia can once again move into just like we had over the last 30 years.

Hafta Ichi
Source: The Guardian
Keyword: Australian budget reaction updates: Coalition punts on business for Covid recovery – politics live | Australia news

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