Find out what this year's budget means for you
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- Опубліковано 13 тра 2024
- 7NEWS Political Editor joins us to break down the effects that this year's budget has on cost-of-living, housing and more.
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If the government really wanted to help struggling Australians it would cut immigration to under 50,000 per year. This budget does stuff all......
How is that going to make a difference? Australia is crying out for skilled workers, which immigrants can supply.
@@deathbycheese850 meaningful education can also supply skilled workers. i remember the days when if you were unemployed, you had the option to obtain low-cost or free training, instead of picking up rubbish on the highway - putting others out of work.
@@deathbycheese850 High immigration increases demand (housing, health, food, infrastructure etc) which increases inflation. Not good for native population
Seems like youtube gave up censoring this comment topic. For now...
How about stopping it altogether for 5 years! 🤷
None of this helps me in any way. I need a cut to my weekly fuel and food.
They need to pass a law stopping the energy companies increasing each power bill by $300!
Exactly just basically giving energy companies money
I have 12kw of solar panels and a 12kw battery and still they came at me with a $400 bill. $30,000 to install the system and I'm still paying for electricity.
@@mysty0you are not paying for electricity but a so-called “connection service fee”.
Disconnect from the grid altogether, but they won’t allow you to do that.
@@robertholland7558 there is a Feed in Tarrif that should more than cover that
‘Struggling Australians’- I’m struggling to see how it will help anyone?
'Taking pressure off'. What utter bollocks.
Those tiny amounts wont do a thing to cost of living
To all who celebrated albo winning thinking all your problems were solved... two wings of the SAME BIRD
The 300 dollars is just a a false narrative. They should be reducing the cost of energy, the cost of food, the cost of fuel, the cost of housing, the cost of education etc… Andrew Charlton has no idea just like Canberra has no idea about regional cost of living and no reception for data or phones. That money could have been better spent on the community for other supposed projects. Could we please have an audit or review about this budget which seems to be a cash splash for jobs for the boys, as per usual. Just saying for a friend. 🙏
The budget does not fix inflation or cost living woes. It just delays cost of living woes until this hand out ceases.
The priority should be for next generations to be able to afford to BUY a house. There's no hope for them.
Why energy rebate for everyone? Why do billioniaires need $300?
This is genuinely the most scattershot complaint. We don't complain about other subsidies rich people get. Yet now the gov is giving a concession to everyone the response is "WHY ARE YOU GIVING HANDOUTS TO BILLIONAIRES". This country is genuinely doomed if this is the calibre of criticism a democracy delivers.
Do you mean millionaires? There are only around 139 billionaires in Australia.
$42k is literally nothing.
I'm just going to assume you are broke and jealous.
Votes
@@dekumutant The problem is that the WEST still believes democracy is the way.
Its for the working poor not just those on welfare
Thank you Sunrise for being the only MSN show to leave the comments turned on. Next election the public need to tell the major two parties, we know you are working for yourselves and not for the people. Vote One Nation. Pauline was right!
There are only looooosers. No winners
It means 300k new boat people.
??
More handouts, more inflation, more pain...JIMBO THE GENIUS!🤣🤣🤣🤣🤣🤣
should means test the $300 power credit and put the funds left. over from people to well off could of gone into building more homes to bridge the gap in the housing shortage HOW DUMB
yeah, should only go to people on an annual income of 20k of less.
@@anthonyCM20 I would have said 46000 as thats the minimum wage standard currently which would cut 75% of people out and leave millons to build some more state housing
The cost to administer wouldnt be worth it
@@StellaM22 thats a cop out , heres a thought bdont give it to any one until they do there 2025 tax returns than the computers will sort out who gets its NOT THAT HARD just an excucse on the run
In double sided accounting system if you have government surplus on the left you need to have a deficit on the right... guess who's on the right side - Australian people and businesses ... This is not an opinion but a fact !! Government surplus always takes money out of the society.
Government budgets MUST be outcome oriented and not surplus oriented !!
Thanks for sharing!
Yeah well, the middle class PAYE taxpayer always cops it.....
@@jaydenwilson9522 You might like this book Jayden, it's called "Deficit Myth" by Prof. Stephanie Kelton.
@@strategicviewpoint6672 Yeah, and that too when federal government does not run on taxes. This was made clear in 1946 by NY Fed Reserve Chairman Beardsley Ruml.
@@jaydenwilson9522 No worries Jayden. I am not sure what happened to my previous reply to you. It just got disappeared. I was letting you know to check out a book called "Deficit Myth" by Prof. Stephanie Kelton.
These pollies get tax payer paid "rent" subsidised for a Canberra address each week more then this "inflation busting" budget for the year
Won't someone please think of the politicians like Lambie, Hanson, Joyce, Katter etc struggling on hundreds of thousands of dollars a year, plus bonuses and perks.
Where else is the MINIMUM base salary starting at $225,000pa?
This whole scenario is done by design. People need to wake up fast before it is too late.
Yep in the pockets of the WEF and WHO.
DSP and aged pensioners???
Ignored as usual. 😡
As always, right at the bottom of the list, or not on it at all.
Yeh...$4529 cut for people on 200k. $654 for people on 40k.. Yeh im sure people on 200k doing it tough 🤣
rich still getting richer, government paying for power which they own most of anyway, and if they don't they are supporting very high eletricity cost from private companies, in one pocket and out of another. Same with rent, government paying for greedy home owners, why why why
Even with Labor in power, those on 45% tax rate still get $4,500pa instead of LNP promised $9,000. But the wealthier still get more and the gap between them and the less well off widens every time.
They need to give the most at risk CAREER'S on the career's pension and people who have a mortgage so they don't lose their homes and the homeless the energy rebates should have been means tested so career's get the pay rise that has already been approved for the lowest payed worker's
It will do absolutely nothing!
10% rental assistance? My rent has increased 40% over the last two years!
what about pensioners not every pensioner has energy bill to pay nothing apart from a low increased in rental and even that it is not that all pensioners pay rent
This government is a joke. My last energy bill was $1500… i work away for half the year and that’s with the rebate. Nothing but còcķs in suits.
I'm going to have to get over my wig addiction in this economy
😂😂😂😂
Albo said he's going "Full term". "Because his word is his bond." We know he lies. So expect an election in either November 2024 or December 2024
This budget is just delaying continued inflation. This hand out is not free, it's from the Government (tax payers) credit card. Australians will pay for it later with more cost of living hardships.
i question that the treasurer forgot to carry the 1.
Are Pensions Getting Anything
So if you have solar... the 25 dollars a month can be a credit?...
the real joke is no one in the whole parliament house listening to the treasurer, and the treasurer himself even have to struggle or deal with any of the issues they talk about lol
Funnier still are television hosts. They are higher paid than the PM and have no money issues! 😂
What a joke, these guys could not organise a freebi with a fist full of 59s
Thanks to the news room for that
So let me get this straight , you take a shitload of my pay each week to give a little bit back ? so whats new guys . how about just taxing me less in the first place .
Allowing comments? Wow! 😮
the cost of living will be "under control" when the cost of living returns to what it was trending towards pre-2019.
my electricity bill and rent has already gone up this year, not to mention food, when albo brings those prices back to what they were then it will be "under control". not before. dont forget - labour overspending and nation-wide lockdowns during covid is the reason we are in this mess now
At least the jobseekers have a boost in rental subsidy. Anyone on benefit should not face homelessness.
Nothing for young people and working families.
Where's the cost of living help??
Number 1 Priority is to Ease the Cost of Living, which is why we are Lowering the Tax Free Threshold by $1000 after 2 years of record inflation.
But don't worry, Millionaires also get a $300 Energy rebate.
Allow cash! So people can see in their hands what happens to their money!
How much longer will cash be legal tender in Australia? When you can refuse to accept it, charge fees on card use and track every transaction...
@@multioptioned safe to say by 2030 you’re paying with programable CBDC’s. Good luck with that!
Doesn't mean anything at all. No money for hard working people.
As usual
No money for ANYONE.
Some will disagree. $4,500pa may not be the $9,000pa promised by LNP but it's not nothing. Plus that extra $300 will be nice pocket money 💰
Somebody forgot to turn Comments Off..
what About Pensions Getting Pay Increase as We Need People Like Us Don't Much of So We Get one Increase As Other Things Going Up
...if the price is right
Sack this government
2 sides of the same coin. All politicians are the same.
When I see it then I'll believe it
hey
random strange Japanese here
by the way, British news is boring for me Japanese
how can the news be more interesting?
To find any news interesting we must first be a person with compassion for others. When you realise that the news will impact many real people, sometimes we can gain an interest learn, help or gain gratitude in our own lives.
It’s good to know about global issues😊
Welcome 😊
This government people like to have $ 300 for their pocket. Mid incomer will suffer more.
If u look into it you have to do a survey to see if yr even Eligible load of bs
Every single PM gets paid for the rest of their lives ..... My question is how much money in the budget is being given to every single member and non member of parliment Australian people deserve to know exactly wich people are still paid that no longer hold the they were holding positions like X Primministers
How many ex PMs are currently being supported by taxpayers atm? They get their money immediately, no waiting for retirement or preservation age but can still gain other employment too 💰
If this was a LNP budget the media would be so much more friendly lmao
LNP would have given high income earners a 9,000pa tax cut not $4,500pa.
No
Nothing for the Aged Persioners again. Labor will regret it next election.
18 dollars a w nite will nost help mutch as rents will increase by 20 to 30 dollars per week each year.
Gday Sprinkles
#freemcbride
It’s a joke
So lame
Sunrise your colours really need improvement, I dont think they match WCAG2.0 so the majority of your audience cant read those graphics.
Channel 7 is a LNP mouth piece, ignore their assessments