Federal Budget – 2SEA Southern Community Radio Sapphire Coast NSW

Anti-poverty advocates term Federal Budget “missed opportunity”

Cost of living remains front of mind for many Australians, with inflation devastating household finance. Treasure Jim Chalmers announced some of the biggest tax reform proposals Australia has seen in decades. Limits on negative gearing and changes to capital gains tax discounts aim to rebalance the tax system and improve home affordability for first home-buyers. …

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Australian international aid falling short

The Wire / By The Wire

Australia’s aid funding has fallen to its lowest in over 60 years without people realising according to the national peak body for foreign development. A recent poll from YouGov shows the 80% of taxpayers overestimate how much of the federal budget goes to foreign aid. Currently only .65% of the Budget goes to foreign aid, …

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Rising homelessness forces urgent budget response

The Wire / By The Wire

Australia’s homelessness services are facing pressure prompting calls for a major federal budget intervention. Homelessness Australia says the shortage of affordable homes are pushing more people into crisis before help is available. But will the upcoming budget prioritise homelessness prevention? Homelessness Australia CEO Kate Colvin says without serious investment, the situation will continue to deteriorate. …

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