A Budget Message from Keith Pitt MP
There is no doubt that this is a tough Budget.
Everyone is being asked to contribute to the Budget repair task.
For example, Australians earning over $180,000 a year will be asked to pay a Temporary Levy.
But there is some good news too!
We promised not to change pensions, and we haven’t.
The Nationals fought hard to ensure the Diesel Fuel Rebate was retained.
Money raised from the indexation of the fuel excise will be spent on roads, bringing the Government’s infrastructure Budget to a record $50 Billion.
$6.7 Billion of that will be spent on the Bruce Highway.
$15 Million will go towards helping small exporters.
We’re cutting the company tax rate by 1.5 per cent to help around 800- thousand businesses.
There are incentives of up to $10,000 for businesses to employ people who are over the age of 50.
We will abolish $1 Billion worth of red tape and regulation each year to save businesses time and money.
People learning a trade will be able to access concessional loans of up to $20,000 in a scheme similar to HECS.
There’s $9 Million to support our recreational and commercial fishing bodies. And a raft of measures for the agricultural sector too.
This Budget delivers all of my election commitments.
It is a Budget in the national interest that ensures regional Australia gets its fair share and continues to be the engine room of the nation’s economy.
I encourage you to visit my website, and I look forward to discussing the Budget with you in the near future.