What the 2017 Federal Budget means for Petrie….
The Federal Budget was delivered on May 9 and I wanted to provide a brief break down of what it means for you as a resident of the Petrie electorate.
In a nutshell, the budget was about providing opportunity and security through fairness and responsibility. Key initiatives include:
- More money for Schools
Every school – 40 primary and secondary schools – in the electorate of Petrie will be receiving increases in funding – a combined total of $369 million that will benefit 27,200 local students.
Parents, teachers, students and principals can log on to the online funding calculator now at www.education.gov.au/qualityschools to see exactly how much funding their school will receive.
- Increasing educational opportunities for local youth
$100 million committed as a low interest loan to Sunshine Coast University to enable construction of the Moreton Region University. This comes on top of the $35 million grant already provided to complete initial works.
- Improving traffic flow
Boosting the capacity of the Bruce Highway to six lanes from Caboolture to Caloundra plus an additional $120 million committed to improve Deception Bay
Road and overhauling the Deception Bay Road overpass.
- Securing Medicare
Record funding for health, Medicare and medicines. Guaranteeing Medicare’s future with a dedicated fund to protect vital services for this generation and the next.
We have already seen a record number of Australians in Petrie accessing these vital services. Last financial year there were 899,220 GP services in the electorate bulk billed, representing 84.9% of all visits.
- Securing access to vital and lifesaving Medicines
This Budget provides $1.2 billion to provide improved access to vital medicines through increased listings on the Pharmaceutical Benefits Scheme. These medicines will assist people suffering from:
We are listing more drugs on the Pharmaceutical Benefits Scheme to ensure families have access to these vital drugs. These medicines will assist people suffering from:
- Heart Disease
- Pulmonary Fibrosis
- Severe Asthma
- Prioritising Mental Health
The Budget injects $170 million into mental health support, suicide prevention and to continue community mental health services for people with mental illness who do not qualify for the NDIS*.
*This is contingent on states and territories matching our funding to ensure a national approach.
- Support for veterans
All past and current service personnel who have undertaken at least one-day full time service will benefit from easier access to free mental health support and services.
Enhanced access to counselling from the Veterans and Veterans Families Counselling Service will benefit partners and dependents of contemporary veterans including the 1,986 veterans and their families living in Petrie.
All DVA Clients – including 3,507 DVA clients in the electorate of Petrie – will benefit from investment in modernising DVA’s ICT system to provide easier access to DVA services and to improve processing times for claims.
- Fully Funding the NDIS
Australians with a disability deserve the best care we can provide. Established by the previous Labor Government, the National Disability Insurance Scheme never received enough money to achieve its potential. This Budget bridges the shortfall and will directly help an estimated 3,637 people in the electorate of Petrie.
SMALL BUSINESS & JOBS
- Delivering Tax Relief for Small Business
The Budget extends the incredibly beneficial Instant Asset Write-Off for the 11,253 small businesses in Petrie.
This comes on top of Small and Medium Business Tax cuts – benefiting the 11,939 businesses in Petrie to invest and create jobs.
- Securing more Australian Jobs
By abolishing 457 visas we will make sure that Australians get Australian jobs and more apprentices are trained to fill local skill gaps.
- Record Investment in Australian Apprentices
The Budget makes provision for a fund to help train Australian Apprentices in key trades and skills to get more young people into work and to help businesses grow.
This investment will assist approximately 2,000 local young Australians aged 15-24 looking for job or looking for more work in Petrie.
- Extra support for Working Parents
We are providing an additional $263 million to expand the ParentsNext Programme – a free specialised support service that helps parents with young children transition back into the workforce.
- More accessible childcare and pre-school
There are currently 8,920 families in the electorate that use Government supported child care. Recent reforms make child care more affordable for local families – providing the greatest level of assistance to those that need it most.
We are also ensuring that children in Petrie can access 15 hours of preschool a week under a new agreement for early childhood education.
It is estimated that more than 2,500 children of local families will reap the benefits of the additional $3.2 million in funding announced for Petrie by the Turnbull Government for preschool education.
- More Affordable Housing
We are implementing sensible measures to make sure all Australians have affordable housing. This includes making more land available in areas well serviced by transport and jobs, cracking down on foreign investors who seek to exploit loopholes in our system and easing the costs for young Australians looking to buy their first home.
- Securing Affordable Energy
The Government has ordered a review into retail electricity prices to ensure Australian families are not being ripped off and manufacturing jobs are secured.
This comes in addition to Snowy Hydro 2.0 – a project that will provide energy security for the eastern seaboard and create thousands of construction jobs as well as expanding the Tasmanian Hydro system.
- Energy Assistance
The Government is providing a one-off Energy Assistance Payment this year of $75 for single recipients and $125 per couple for those eligible for qualifying payments on 20 June 2017 and who are resident in Australia.
Qualifying payments include the Age Pension, Disability Support Pension, Parenting Payment Single, and a range of veteran’s payments. This will assist more than 27,700 people in the electorate of Petrie.
FAIRER AND MORE ACCOUNTABLE BANKS
- Greater Accountability for our Big Banks
At a time when many families are doing it tough we expect our big Banks to take responsible decisions and keep their senior executive pays in line with community expectations.