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BUDGET WINNERS AND LOSERS
WINNERS
- Lower income households – more energy bill assistance on the way
- Small businesses – energy bill rebates and extension of asset write offs
- Renewable and other energy companies – tax breaks and other incentives for investment
- Renters – second year of increases in Commonwealth Rent Assistance
LOSERS
- Jobseeker and youth allowance recipients – no across the board increase despite recommendations
- Foreign companies and residents – more funds to address tax avoidance and strengthening capital gains regime
- Environment – no major disbursements to address damage such as reef bleaching, species extinction
- Regional healthcare – focus on regional infrastructure leaves communities in the bush disappointed
Aaron Sheldrick
(Australian Associated Press)
