The nation’s economic recovery from the coronavirus pandemic continues, with half of all mortgage holders who deferred loans during the pandemic now making repayments.
Opposition Leader Liza Harvey has sounded the call to ‘silent West Australians’ in a Budget reply characterising the McGowan Government as ‘mean-spirited’ and ‘starved of hope and aspiration’.
If there was any doubt Australians were happy with Treasurer Josh Frydenberg’s tax-cutting Budget, another gauge of confidence has soared and suggests optimists are back in the driving seat.
The McGowan Government has been accused of concealing a $4.1 billion ‘election slush fund’ in last week’s State Budget, with the Liberal Party’s Dean Nalder blasting the fiscal blueprint.
There were also healthy increases in the survey sub-indices for ‘current’ and ‘future’ economic conditions and for ‘future finances’.
Our youth are feeling despondent. COVID has completely shattered the life they thought they would have. But this latest change may be the straw that breaks the camel’s back.
Lanai ScarrFederal Political Editor
Tradies and other business operators have been warned to do their homework before spending big to make the most of generous new tax concessions unveiled in last week’s Federal Budget.
Low and middle income earners will have to wait until they do their tax returns later next year to enjoy most of the bounties proclaimed by Josh Frydenberg in his COVID-19 Budget.
The Morrison Government has extended its advantage over Labor and received overwhelming support for its Budget tax cut, according to Newspoll.
Premier Mark McGowan has said bringing down WA’s hard border could mean fresh coronavirus restrictions for businesses as a safeguard designed to contain potential outbreaks.
The Government sells it as ‘safe and strong’. My thought was: ‘underwhelming and unimaginative’.
It is the little distractions that can derail a Budget presentation. And a Treasury footnote on the bottom of Page 9 of Budget Paper Number 3, almost derailed Ben Wyatt’s moment of glory.
The Government remains ‘fully committed’ to taking its $130 billion Stage 3 income tax cuts to the next election.
The Federal and State Budgets failed to provide adequate support to females in the workforce, with WA leaders calling for “bolder aspirations to help create a fairer society”.
WA is the only State delivering a budget surplus but Scott Morrison reckons we should be thanking Canberra.
Annabel Hennessy and Sarah Ison
WA Treasurer Ben Wyatt has reframed the State Budget’s forecast surplus as the result of good economic management — not iron ore windfalls and has staunchly defended WA’s hard border.
Tax cuts for 11 million Australians have passed through Federal Parliament, minutes before retiring Finance Minister Mathias Cormann delivered his final speech where he declared "I won't be back".
WA Treasurer Ben Wyatt and Shadow Treasurer Dean Nalder to join The West Live to discuss the McGowan Government's 2020-21 State Budget. LISTEN LIVE FROM 8.45AM.
Like the political version of Crocodile Dundee, Anthony Albanese stared across the despatch box at Scott Morrison last night and declared: “That’s not reform. This is reform!”
Mark RileySeven News Political Editor
Where else would you rather be than right here right now? State Treasurer Ben Wyatt yesterday delivered a Budget with two key themes that put WA in a great position.
Spending on big-ticket resources projects will not be able to offset the COVID-sapped retail, construction and education sectors.
While handing down WA’s State Budget the Premier rolled out what sounded a lot like the election campaign slogan Labor will use to convince West Australians to give them another four years in power.
Peter LawState Political Editor
Welcome to Budget 2020 (the COVID edition), a document that rewrites history on four important fronts, writes Ben Harvey.
Ben HarveyChief Reporter
Labor will pin its electoral hopes on reforming the childcare system as one of its key policies to help build the Australian economy back to full strength following the COVID-19 economic downturn.
© West Australian Newspapers Limited 2020