RocketpilotSep 30, 2024
Mark Newton
This is about $600 per head of population worth of taxes taken without services delivered, increasing costs for every citizen in the middle of a cost of living crisis. https://rssfeed.media/@abcfeeds/113220865374137825
ABC Feeds (@[email protected])

Final budget result delivers $15.8 billion surplus due to lower spending By Jake Evans A drop in spending has delivered a $15.8 billion surplus for the most recent financial year, despite tax revenue also falling in that time. It's a $6.4 billion improvement on what was forecast in May. https://www.abc.net.au/news/2024-09-29/final-budget-outcome-16-billion-surplus-lower-spending/104410476 #Budget #FederalGovernment #GovernmentandPolitics #Tax #MonetaryPolicy #BusinessEconomicsandFinance #JakeEvans

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Sep 29, 2024 at 12:44pmWeb
Show threadAndy ToddSep 29, 2024
@NewtonMark @abcfeeds Maybe they can spend the surplus on cancelling some robodebts and properly funding services. A chap can dream anyway.
Show threadStephen CollinsSep 29, 2024
@NewtonMark we better not hear the government moaning about how hard it is to deliver things that could have been paid for from this. Not budget should ever be in surplus. It is, as you say, a sign that taxes have not been spent to make people's lives better.
Show threadJust Another AmySep 30, 2024
@[email protected] this is surplus on the backs of disabled people, from gutting the NDIS — the consequences are already being felt and they’re going to get much much worse.