According to AAP, here are the winners and losers in the 2011 federal budget:
- Super funds: More infrastructure projects to invest in with more secure outcomes.
- Unemployed: $233 million to get the long-term unemployed into the workforce.
- Mentally ill: $1.5 billion in extra funding.
- Teachers: $425 million to reward top performing teachers.
- Apprentices: $101 million national mentoring program to help them finish training.
- POWs: Australian prisoners of war will get a $500 a fortnight benefits boost.
- Low-paid workers: $300 a year of the Low Income Tax Offset to go into pay packets from July.
- Students with disabilities: Extra $200 million.
- The bush: $4.3 billion of investments in regional hospitals, health care, universities and roads.
- Tradies: First $5,000 of the cost of a work vehicle can now be immediately written-off by small business.
- Foreign aid: Boosted by half a billion dollars to $4.84 billion.
- The environment: No details of carbon tax, but more expected in the budget update in coming months.
- Sick: Tougher criteria to get onto the disability support pension.
- Defence: $1.1 billion not spent on new equipment being handed back to the government and civilian staff cut by 1,000.
- Families: Family Tax Benefit will be cut off when children turn 21 instead of 24, saving $29.2 million over four years; income tests for Family Tax Benefits, baby bonus, paid parental leave maintained.
- Company car owners: Cuts to the fringe benefits tax concessions for salary-sacrificed cars will save $950 million.
- Public Service: Increased efficiencies to save $1.1 billion.
- Asylum seekers: $292 million for an asylum-seeker swap program with Malaysia.
- GPs: Medicare rebate for GPs reduced for mental health treatments.
- Dentists: Delays on serious reform of dental healthcare due to a lack of funds.
For more information and comment on the 2011 Federal Budget, have a look at:
Australian Government Federal Budget website
The Budget Summary from the Herald-Sun provides a quick 5 minute overview of the 2011 Federal Budget. Use this article and complete a brainstorming activity using Stixy. Further instructions for the activity will be provided in class.