Likewise the financial assistance to local government to be brought forward into this financial year is presented as Financial Assistance Legislation Amendment Bill 2009.
The appropriations bills which will allow government to progress the September increase in pensions and other measures are also before our parliamentarians.
There are at least 400,000 North Coast residents waiting to see funding from the 2009-10 Commonwealth Budget flow to local government and households.
Coalition MPs should take note of that fact, particularly Nationals Member for Cowper Luke Hartsuyker who has become notorious for blindly following the leader and attempting to thwart government expenditure and whose latest effort on record on 12 May 2009 could only rely on political tripe:
I certainly welcome the opportunity to speak on this matter of public importance, because we have a government in this country that is hostage to the 24-hour news cycle. We have a government that is hostage to the 10-second sound bite and its media spin doctors. We will see handed down in this chamber tonight what the Australian people will know as a traditional Labor budget on steroids. It is going to be a budget that will usher in the era of big deficits. It will be a budget that will usher in the high level of unemployment that we are expecting in the months ahead. It is a budget that will burden the Australian people with massive debt and burden their children with massive debt.
It is time for all our parliamentarians to leave the rhetoric behind and remember the welfare of their own electorates, which are set to benefit from this budget.
Update:
Since placing this post on NCV's publication schedule the Leader of the Opposition's Budget Reply speech has been delivered with its classic dog whistle:
But tonight I will make one suggestion of a suitable offset for the Prime Minister’s consideration. One that would make for a healthier Australia and lessen the burden on public hospitals rather than increase it. The Government could comfortably afford to retain the current private health insurance rebate without any cost to the published Budget outcome by increasing the amount of excise collected on tobacco by 12.5 per cent (or about three cents extra per cigarette).
Members of parliament of all persuasions need to think carefully about the economics of such a move, when in the past taxation increases on tobacco have seen a decrease in consumption and sales of tobacco products (which form a significant income stream for many small businesses).
If this were to occur after a Turnbull-inspired tobacco taxation hike then a decrease in taxation revenue available to government is possible (eating into the optimistically projected $120 million increase in tobacco excise predicted for 2009-10 in last year's MYEFO) and, any immediate benefits from this increased taxation are likely to flow to the states rather than the Commonwealth through the GST and FAG relativities.
It is no accident that the Coalition has chosen tobacco as their political smokescreen for mindless resistance for the sake of resistance - it is rather a good distraction as the debate can quickly degenerate from discussing revenue raising measures to vilifying smokers. However, even non-smokers can do the maths.
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