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Category: Federal Budget

This is a budget that has a hole in its heart

By API User

Media release | Tuesday, 14 May 2024 The government has correctly identified a set of serious challenges: a slowing economy, rising unemployment, falling spending power, a housing crisis and a climate crisis.   This is a budget that has diagnosed the right problems but has failed to deliver the solutions we need. There are some … Continued

Budget fails to shift the dial on housing crisis

By API User

Statement from Everybody’s Home spokesperson Maiy Azize on the federal Budget: “The federal government has delivered a Budget that will keep pushing up housing costs for Australians who are already battling a brutal housing market. “There is no new funding for social housing. What the government has announced is a business as usual spend that … Continued

Media Release: What’s in the budget for renewable energy regions?

By API User

RE-Alliance and the Community Power Agency – two organisations working for more than a decade with regional communities hosting large-scale renewable energy projects – welcome the $22.7 billion investment committed to Australia’s renewable energy future in tonight’s budget, and call for a similar level of ambition to increase trust with regional communities who are critical … Continued

BUDGET: PROMISING DOWNPAYMENT ON AUSTRALIA’S CLEANTECH FUTURE

By API User

KEY BUDGET HIGHLIGHTS: The Federal Government has announced $21.0bn of new funding initiatives under the Future Made in Australia Act strategic framework ($22.7bn including the $1bn Solar SunShot and $466m PsiQuantum funding), as part of Treasurer Jim Chalmers’ 2024-2025 Federal Budget. Key initiatives include: A new $7bn Critical Minerals value-adding Production Tax Credit (PTC) $3.2bn … Continued

Billions for green industry, no new money for gas – this is how we build Australia’s clean future

By API User

FOR IMMEDIATE RELEASETUESDAY 14 MAY, 2024 The Climate Council has described the 2024-25 Federal Budget as a decisive turn towards Australia’s clean energy future. By earmarking billions of investment in coming years to grow clean industries like critical minerals, renewable hydrogen and clean energy manufacturing, the Federal Government is charting a course to power past … Continued

Federal Budget invests further in housing supply measures but lacks bold and ambitious housing reform

By API User

The Federal Budget delivered tonight contains measures that continues to see the Commonwealth further it’s previous investments in the delivery of social and affordable housing/housing supply. National Shelter, the peak body representing the housing interests of low-income Australians, says now is the time for the Commonwealth Government to back their housing investments in with a … Continued

Federal budget first step in desperately needed university reform

By API User

The National Tertiary Education Union has described the federal budget as a first step on the road to major reform universities desperately need.   The federal government has earmarked $1.1 billion in funding over the next five years to implement recommendations from the Universities Accord.    NTEU National President Dr Alison Barnes said more investment … Continued

Interventional radiologists support government funding for women’s health but urge greater access to minimally invasive treatments

By API User

Tuesday 14 May 2024: Interventional Radiology Society of Australasia (IRSA) welcomes the federal government’s funding commitment to better support the health of women with endometriosis and complex gynaecological conditions. While acknowledging  a step in the right direction, IRSA urges government to play a greater role in supporting access to minimally invasive treatments, like uterine embolisation, … Continued