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Federal Treasurer Jim Chalmers has delivered a $9.3bn surplus, focusing on responsible cost-of-living relief and strategic investments amid global uncertainties.
🏆 Winners 🏆
Households: $300 energy rebate. 💡🏠
Small Businesses: $325 energy rebate and extended $20,000 asset write-off. 🏢
Taxpayers: Tax cuts averaging $36/week. 💵
Renters: 10% boost to Commonwealth Rent Assistance. 🏘️
Healthcare: Prescription cost caps and wage increases for aged and childcare workers. 💊👵👶
Women: Super on paid parental leave, funding for shelters, and support for domestic violence victims. 👩
Mental Health: $888.1m for improved services and new walk-in centers. 🧠
Uni Students: HECS debt interest tied to CPI or wage price index. 🎓
Farmers: $519.1m for drought resilience. 🚜
💼 Losers 💼
Welfare Recipients: No increase in Jobseeker or Youth Allowance payments. 💔
First Home Buyers: No new measures; focus remains on increasing housing stock. 🏡
Motorists: No changes to the fuel excise. ⛽
Sheep Farmers: Phasing out live sheep exports by 2028. 🐑
This budget aims to provide immediate relief while investing in Australia’s future. 📈
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