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Single parents who want to buy a home, school leavers and retirees who want to boost their superannuation accounts are set to be big winners from this year s federal Budget. Treasurer Josh Frydenberg will deliver his second Budget speech in seven months at 7.30pm on Tuesday as he aims to rebuild an economy that was sent into recession by the coronavirus lockdowns. Mr Frydenberg is already planning more big spending next financial year, with Deloitte predicting a Budget deficit of $87 billion, a figure well below this year s estimated $167 billion shortfall. We won t be undertaking any sharp pivots towards austerity. We want more people in jobs and in better paying jobs. This is what our fiscal strategy is designed to achieve, he said. ....
On Tuesday at 7.30pm Josh Frydenberg will hand down the federal budget His focus is on supporting the economy to recover from Covid-19 pandemic Treasurer also set to announce axing of threshold for employers to pay super Means workers do not need to earn $450 a month before employers contribute Worker on $400 a month is $450 better off within a year of change being made ....
Working parents, average income earners and Aussies with relatives in aged care are set to be big winners from Tuesday s federal budget. Treasurer Josh Frydenberg will deliver his second budget speech in six months at 7.30pm on Tuesday as he aims to rebuild the economy after the coronavirus pandemic. Mr Frydenberg has already promised more big spending next financial year, with Deloitte predicting a budget deficit of $87 billion, a figure well below this year s estimated $167 billion shortfall. We won t be undertaking any sharp pivots towards austerity. We want more people in jobs and in better paying jobs. This is what our fiscal strategy is designed to achieve, he said in a speech last week. ....
Low and middle income earners, working parents, and job seekers are three groups set to receive boosts in new measures set to be unveiled by Treasurer Josh Frydenberg in next week s budget. The Treasurer, who will deliver his second budget in six months after last year s was delayed until October due to Covid-19, has already promised more big spending this time around as the government tries to bolster an economy still recovering from the lockdown battering. We won t be undertaking any sharp pivots towards austerity. We want more people in jobs and in better paying jobs. This is what our fiscal strategy is designed to achieve, he said in a speech last week. ....