I was very proud to be able to sit in the chamber for my first budget. It was great to listen to the treasurer deliver a strong budget that will deliver so much opportunity for so many Australians.
This budget is true to Labor values and underscores our commitment to:
- A strong and clean energy economy;
- The value and dignity of work;
- Better education, training, and Infrastructure;
- Better health-including $2.2 billion for mental health; and
- Supporting families.
It is a budget that is also good for Canberra.
The investment in trade apprentices will mean that over 7000 apprentices can benefit from the $1700 Trade Apprentice Bonus Scheme. It will also benefit 6700 families who will now be eligible for $4200 per child between 16-19 years old to assist with the cost of living.
The budget is also good for small business with expanded tax relief and a $5000 deduction for motor vehicles.
- Labor has also invested:
- $82.2 million for road infrastructure this financial year;
- $30.6 million for the Australian Security Intelligence Organisation building;
- $6.1 million increase in base funding for the High Court;
- $33.9 million increase over four years for the Australian War Memorial;
- $1.7 million seed funding for the Australian War Memorial to commence planning for a new permanent exhibition on the first World War to commemorate the Centenary of ANZAC;
- An additional $2 million this financial year for the completion of the National Gallery of Australia building refurbishments and enhancement project; and
- $2.3 million dollars to improve critical outreach and training in health.
The budget builds on Labor’s strong economic record and will ensure we are back in the black by 2012-13.
I am proud of this budget. It is good for Australia and good for Canberra.
I will provide more information on the budget and what it means for Canberra in my next Brodtmann Bulletin and on this website.