Local News

Budget Wrap for Our Regions

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There is a strong focus on the Federal Budget in delivering on aged care reform, disability and veteran support, mental health programs and women’s health and safety. 

The budget is $106 billion in deficit this year, with deficits forecast for the next decade.

The biggest spend is $17.7 billion on improving aged care, in particular funding thousands of extra home care packages with a $3.4 billion spend on women in the budget.

The State Treasurer has welcomed the investment and the  $3.4 billion commitment on transport projects for SA including $161 million for the Truro Bypass.

On the other hand, the State Opposition Treasurer Stephen Mulligan said with only 4 per cent of promised funding for major infrastructure projects to be delivered in the coming year, it will be significant blow to local jobs.

South Australia has the worst unemployment rate in Australia, only $130 million of a promised $3.2 billion for major road projects will be delivered in the financial year ahead.

The Member for Mayo Rebekha Sharkie MP has given the Federal Budget a 'B+'.

The Centre Alliance member said while the budget fails to deliver on renewable energy, social housing and rental assistance, overall it is 'pragmatic' as it promises to deliver on bushfire and aged care Royal Commission recommendations as well as supporting veterans.

Financial counselling support for regional small businesses has also been extended for another six months, and another $40 million in Supplementary Road Funding has been restored over two years.

Photo of Parliament House Canberra by Brenden Asht, Flickr