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  1. #11
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    The key points:
    • Deficit: $49.9b this year; $29.8b next year; $2.8b in 2017-18.
    • $20b Medical Research Future Fund set up
    • Cuts to health and hospital funding totalling $50b over the next decade
    • $11.6b to be spent on road, rail and port infrastructure
    • Pension age rising to 70 by 2035; new indexation arrangements from 2017
    • Paid parental leave and associated 1.5 per cent company tax rate cut not detailed
    • Foreign aid slashed by nearly $8b
    • Eligibility thresholds and payments for welfare measures including Family Tax Benefits and Newstart frozen
    • Deficit tax will apply to those earning more than $180,000 per year
    • Fuel excise to rise twice a year
    • Universities will be able to set their own fees from 2016
    • Family Tax Benefit B will be stripped from families whose youngest child has turned 6
    • People under 30 will have to wait six months to get unemployment benefits
    From http://www.abc.net.au/news/2014-05-1...budget/5448702



  2. #12
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    I think it's great they are offering hecs ( or whatever it's called theses days) for tafe

  3. #13
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    Quote Originally Posted by maternidade View Post
    I think it's great they are offering hecs ( or whatever it's called theses days) for tafe
    Watch the tafe fees go up a lot now.....

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  5. #14
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    This is awful, I'm at uni right now- no warning, no nothing. Caps are lifted tough luck.


    Quote Originally Posted by Fleetwood View Post
    Watch the tafe fees go up a lot now.....

  6. #15
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    Quote Originally Posted by beebs View Post
    This is awful, I'm at uni right now- no warning, no nothing. Caps are lifted tough luck.
    Yeap, I am going to try and pack my subjects in now and finish before this :/

  7. #16
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    Cause I am home by myself, can someone answer a really, really silly question?

    For this budget to apply do all of its components need to pass through the senate? Or can the government just implement what it wants?

  8. #17
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    Did they say 2016 for uni's

  9. #18
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    well, I'm going to have to thrown in uni, as does DH. Good one Liberals, you've now completely financially ruined the poorest people in Australia

    Expect to see massive drop off rates for mature age at uni, homelessness, children being removed from loving homes bc parents can't feed them.

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  11. #19
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    Never officially mentioned ppl

  12. #20
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    yep 2016. I only just started this semester, so no way I'd be able to finish before 2016 and I'm part time - on account of having 4 young kids - waaahh! 3 with chronic health issues + plus me. Wahhh!


 

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