2017/18 tax statements will be emailed to CPSU/CSA members' preferred address from Monday 9 July, 2018.

Arrow up
Arrow down

Federal Budget breakdown

As the ABC’s Henry Belot put it, “This is Scott Morrison's third budget and put simply, it's a pre-election document designed to make sure he gets another one.”

The Budget deficit this year will be $14.5 billion, before swinging to a $2.2 billion surplus in 19-20.

The big ticket item this year is a tax cut for anyone earning under $90,000 a year. The government estimates that 4.4 million taxpayers earning between $48,000 and $90,000 will benefit from an extra $530 tax break.

Aged care is a big focus of this budget, with the Government wanting more older Australians to get care at home. About 14,000 more people will get home care packages at a cost of $1.6 billion over four years. But that’s a long way off the over 100,000 elderly already on the waiting list for at-home funding.

For WA, it means a $3.2b GST top-up being spent on roads and hospitals.

$1 billion of that will be for Metronet and a further $944 million will go towards tackling road congestion, including Tonkin Highway and the Bunbury Outer Ring Road.

The GST top-up also includes $189 million to be spent on Joondalup and Osborne Park hospital expansions and the Royal Perth Hospital refurbishment.

The major misses for WA include; no funding for remote housing, specifically for aboriginal communities (Yet, the NT got over $500m) and no extra funding for new training for NDIS providers.

Find out more about how the Federal Budget will affect you:

Leave a comment

Please login to leave a comment.
GET IN TOUCHDemoCONTACT US
    • Location

      Level 5, 445 Hay Street
      Perth WA 6000

      PO BOX X2252
      Perth WA 6847

      Follow us

         
    • Contact us

      help@cpsucsa.org

      UnionLink: 9323 3888
      Regional: 1300 733 800
      Reception: 9323 3800

  •  

CPSU/CSA