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Federal budget 2020 reaction: Coalition punts on business for Covid recovery as Victoria reports six new cases – live update
Josh Frydenberg’s budget relies on tax cuts and business incentives, but rests on some optimistic assumptions. Follow all the reaction and coronavirus newsBudget 2020: Coalition banks on $98bn injection to jolt Australia’s economy back to lifeFederal budget summary: all the key points at a glance 11.31pm BST As we look at who has lost out in this budget - mostly workers over 35 and women - it is worth looking at some of the pension changes the coalition have made since coming to government seven years ago.As of July 2021, you have to be 66.5 years old before you can get the pension. In 2023, you have to be 67. 11.23pm BST Given that women have been more adversely impacted than men during the pandemic, this, from Jenny McAllister, is going to be another recurring theme:There are very limited initiatives for Australian women in the budget. The Women’s Economic Security Statement – much fanfare about that – the government is spending half the amount on that statement that they are on an initiative to improve the IT resources at Services Australia. This is a government that is not taking women’s interests into account when they are making economic decisions. Continue reading...
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