Budget to secure recovery for Barker households, businesses and industry | 2021-22 Federal Budget

BUDGET: Federal Member for Barker Tony Pasin and Treasurer Josh Frydenberg.
BUDGET: Federal Member for Barker Tony Pasin and Treasurer Josh Frydenberg.

The Federal Government's plan to secure Australia's recovery will rebuild its economy and create more jobs to ensure the country comes back stronger from the COVID-19 induced recession.

Member for Barker Tony Pasin said the 2021-22 Federal Budget will provide numerous benefits to residents living in his electorate.

As part of its COVID-19 response, the Federal Government has committed $291 billion, or 14.7 per cent of GDP, in direct economic support for Australians, including individuals, households and businesses in Barker.

"Our plan to secure Australia's recovery will create more jobs, continue our economic rebuild and set the country up for the future", Mr Pasin said.

TAX CUTS:

The budget provides an additional tax cut to more than 10 million low and middle income earners, including around 66,000 people in Barker.

Low and middle income earners earning between $48,000-$90,000 will benefit by up to $1,080 for individuals or $2,160 for couples.

"This is more money to spend in local businesses, giving them the confidence to take on an extra worker, offer an extra shift, or buy a new piece of equipment," Mr Pasin said.

"We are also continuing to incentivise business to invest, creating more economic activity and jobs."

Around 23,500 businesses in Barker will continue to be able to write off the full value of any eligible assets they purchase.

Announcing the extension of these measures for a further year until June 30, 2023, means tradies can buy a new ute, a farmer a new harvester and a manufacturer expand their production line.

Additionally, around 4,600 businesses in Barker will be able to use the extended loss carry back measure to support cash flow and confidence.

JOBS:

The Federal Government is investing a further $1.5 billion to extend the Boosting Apprenticeships Commencement wage subsidy.

This investment will deliver 170,000 new apprenticeships and trainees, supported by a 50 per cent wage subsidy.

"We already have 2,455 apprentices in Barker and these new measures will lead to even more opportunities for apprentices and trainees,' Mr Pasin said.

The Federal Government is also doubling its commitment to the JobTrainer Fund to support a further 163,000 new training places to upskill job seekers to meet skills shortages.

The budget includes measures to accelerate digitals skills training for job seekers with low levels of reading, writing, maths and computer skills.

Additional funding is also being allocated to boost STEM scholarships and programs for women to help them to break into non-traditional trades.

INFRASTRUCTURE:

The government is building the generation defining infrastructure projects communities needs for the future, with a record 10-year $110 billion infrastructure pipeline.

This is already supporting 100,000 jobs across the country, including important infrastructure projects such as:

  • The Truro Bypass on the Sturt Highway, to improve road safety and productivity of the national network, and to improve the regional connection between Adelaide and the Riverland for freight, tourism and local commuters. It complements works being undertaken as part of the Sturt Highway as a Road of Strategic Importance.
  • Further upgrades to the Heysen Tunnel including upgraded signage, fire suppression systems and electrical systems associated with venting and fans.
  • An investigation into the duplication of the Swanport Bridge and upgrades of the Princes Highway and Dukes Highway to improve road safety outcomes and access for higher productivity vehicles along this corridor.
  • An investigation into the construction of upgraded freight routes to enable larger high productivity vehicles to be diverted from the South Eastern Freeway and Cross Road onto the Regional North-South Freight Route via the Sturt Highway, bypassing Adelaide.

The funding also includes a further $22.3 million from the National Water Grid fund for the development of business cases for eight water infrastructure projects that will help secure Australia's water security.

Specifically, Barker will benefit with an investment of $3.5 million into a detailed business case to bring a sustainable alternative water supply to the Barossa.

Other key budget initiatives which will place the regions at the centre of our economic recovery include:

  • An additional $1 billion for the highly successful Local Roads and Community Infrastructure Program, increasing delivery of community amenity projects including upgrades to local roads, bike paths, community halls, as well as improved accessibility to public facilities. This brings the total commitment to the LRCI Program to $2.5 billion. This includes an additional $17 million for local Councils in Barker.
  • The Building Better Regions Fund will see a further $250 million for a sixth round. This fund has already delivered important infrastructure and community projects throughout Barker.
  • An additional $22.7 million for Round Seven of the Stronger Communities Programme, which provides grants of between $2,500 and $20,000, direct to community organisations for modest but meaningful projects.
  • A continuation of the Federal Government funding for the South Australian Supplementary Road Program providing a further $40 million over two years to facilitate strategic road maintenance projects and improved road safety outcomes.

ESSENTIAL SERVICES:

The budget delivers a record investment in aged care to help the 33,535 senior Australians living in Barker.

Mr Pasin said the investment will deliver more home care places, more funding for residential aged care and increases the amount of time residents are cared for, while strengthening regulatory measures to monitor and enforce the standards of care.

At total of $123 million is also being invested in rural and regional health workforces, including $65.8 million to increase bulk billing incentive payments for doctors working in remote areas and rural towns.

In addition, COVID-19 health measures will be extended. $204.6 million will be used to extend telehealth arrangements until December 31, 2021, bringing total investment to date to $3.6 billion.

The wellbeing of Australians living with mental illness is vital, which is why the government has committed to undertaking significant structural reform of the mental health and suicide prevention system.

The $2.3 billion package is a first step in responding to recommendations from the Productivity Commission and the National Suicide Prevention Commissioner.

Investment in the National Mental Health and Suicide Prevention Plan is the largest Commonwealth mental health investment in Australia's history.

Funding see up to 57 additional mental health treatments centres and satellites for adults, as well as more centres for youth and children through the Head to Health and Headspace programs.

To cut the cost of living for around 4,290 families in Barker and to help boost workforce participation, an additional $1.7 billion is being allocated to make childcare more affordable.

Childcare subsidies available to families will increase, with more than one child aged five and under in childcare, benefitting around 990 Barker families and abolishing the $10,560 cap on the Child Care Subsidy.

For those families with more than one child aged five and under in childcare, the level of subsidy received will increase by 30 per cent to a maximum subsidy of 95 per cent for their second and subsequent children.

The Federal Government has also invested a further $13.2 billion in the world-leading National Disability Insurance Scheme.

The NDIS is fully funded and demand driven, with 450,000 Australians now accessing its life changing supports.

"The Morrison Government's comprehensive economic plan will create jobs and secure Australia's recovery," Mr Pasin said.

For more information, visit: www.budget.gov.au.