Twenty Two FUCKING Billion

You know how I hated the surplus back when it was only $19 billion?

The 
@AlboMP

@AustralianLabor
 Government has delivered a surplus at the same time as providing billions of dollars in cost-of-living relief to Australians doing it tough, including energy bill rebates, cheaper medicines and cheaper childcare #auspol #ausecon

Well I hate it even more today that it seems to have grown $3 Billion. Not the figure itself, or why it’s there, but because the politicians are smiling and announcing it the same week that the long awaiting “biggest permanent increases to JobSeeker” ever and “biggest increase in commonwealth rent assistance in 30 years” are also on their brag list.

Because those might sound like good things, but in real dollarydoos, I’m getting an extra $13 a week in rent assistance. Those on Jobseeker single will be getting an extra $56.10 a fortnight – $14 of that from indexation. My DSP indexation is $26.70 for the fortnight. Bringing my grand total pension to $1000.70 a fortnight. I worked out my share of rent only takes up 41% of my pension now, not 44%, but we’re due for a rent increase so check back soon :/

All the rates are still below the poverty line measures we have at hand. Labor have chosen to keep the rates like they are. They have also chose to keep the Stage Three Tax cuts. The cost of living relief, while all been welcome  – the doubling amount of meds you can get in a script for certain drugs, I’m getting $125 off each of the next quarters electricity bills – but costs have skyrocketed everywhere, from milk, to petrol to rent (if you’re lucky enough to be housed) and there is no discretionary funds anymore. You call us fixed incomes here on the pension, because the aged and disability pensioners shouldn’t have to do work that they can’t in order to be able to afford to live. Carers can’t do any more. Those on JobSeeker are doing their best to find jobs, but jobs go to those who can afford to present themselves well, that can afford a haircut, new clothes, not have their car break down AGAIN. And the students, well they’re somehow expected to do well in their studies while supplementing with got knows how much paid work to make ends meet. We’re tired, Jim.

Government has not changed its view on tax cuts, Chalmers says
Jim Chalmers is now on RN Breakfast, where he was asked by host Hamish McDonald whether he was reconsidering the stage-three tax cuts given much of the $22.1bn budget surplus comes from the taxes of “hard working Australians”.

Chalmers said the government has not changed its view on the tax cuts, which recent data showed will flow disproportionately to high-income earners and men:

Well, first of all, it’s partly a function that people are working more and earning more. The labor market is incredibly resilient given what’s coming at us from around the world. And so unemployment is lower than what many people anticipated. And wages have began growing again, and that’s a good thing too. And that’s one of the reasons why the budgets in better nick but also getting good better prices for our commodities and what that means for company tax.

We haven’t changed our view about the stage three tax cuts, but we have found a way to provide substantial cost-of-living relief for people on low and middle and fixed incomes, because we recognise people are doing it tough and they’ve been our priority.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.