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Labor blasts Budget's $100bn 'missed opportunity'

Politics by Matthew Killoran Premium Content Subscriber only Debt will burden Australians for generations in a $100 billion missed opportunity , Opposition treasury spokesman Jim Chalmers will say on Wednesday. Tax cuts are also shaping up to be a big election issue, with Mr Chalmers accusing the government of baking in concessions for high-come earners through its planned stage 3 tax cuts. Speaking at the National Press Club on Wednesday, Mr Chalmers will say the delayed vaccine rollout was holding the country s recovery to ransom.   He said that while the federal budget, released last week, increased spending by almost $100 billion, there would not be long-term economic benefits from it.

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Migration slump to make Australia older and the economy smaller: Treasury boss

Migration slump to make Australia older and the economy smaller: Treasury boss
brisbanetimes.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from brisbanetimes.com.au Daily Mail and Mail on Sunday newspapers.

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How Australia risks being left behind as the rest of the world gets on with life amid Covid

Australia has saved itself from Covid mass deaths and economic ruin, but NIC WHITE explains how our failure on many other fronts could see us left behind as the rest of the world gets back to business as usual - and we ALL share the blame With only 910 deaths and 22,000 cases, Australia avoided Covid disaster But this success obscured other serious failures in leadership and planning Vaccine program is so badly botched it will keep borders closed until mid-2022 Families will be torn apart for 28 months and country bleeds tourist dollars Scott Morrison s hands off approach and poor quarantine also contributed

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Australia's borders could be closed BEYOND mid-2022

Australia s international borders could remain closed for more than a year if health experts deem it too dangerous to open up. The federal budget assumes the borders, which have been closed since March 2020 due to the coronavirus pandemic, will open in mid-2022. But Treasurer Josh Frydenberg said this could be brought forward or pushed back depending on the advice of health experts. The federal budget assumes the borders, which have been closed since March 2020 due to the coronavirus pandemic, will open in mid-2022. Pictured: Sydney s Coogee Beach in November We will open the international borders when it s safe to do so. And that means basing our decisions on the medical advice, he told the National Press Club on Wednesday. 

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Cutting through the budget spin: breaking down the Coalition's cash splash

Cutting through the budget spin: breaking down the Coalition’s cash splash Katharine Murphy Political editor © Provided by The Guardian Photograph: Sam Mooy/Getty Images The weeks leading up to budget night are generally a triumph of spin over substance. On the morning after the budget night before, it pays to slow down, and examine the fine print. © Photograph: Sam Mooy/Getty Images Aged care was allocated $17.7bn in Josh Frydenberg’s budget but many recommendations from the royal commission have not been promised funding. Aged care: look a little deeper The government accepted a great number of the recommendations of that inquiry, perhaps more than might have been expected. However, it wasn’t all green lights. It is worth highlighting some of the thoughts that either hit the cutting room floor, or will be subject to further consideration.

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