The page you are looking for is temporarily unavailable.
Please try again later

Money Queensland budget: Winners and losers

01:34  13 june  2018
01:34  13 june  2018 Source:   msn.com

More buses and services for NSW in budget

  More buses and services for NSW in budget Bus commuters in NSW will benefit from a $15.6 million boost to provide extra buses and services, with details to be revealed in the upcoming state budget.A $15.6 million boost in the upcoming state budget will provide extra buses and services on popular routes in Sydney's west and in the city's northern beaches, NSW Transport Minister Andrew Constance said in a statement on Wednesday.

Education, health and tourism have been earmarked as key spending priorities in the .9 billion state budget . But Treasurer Curtis Pitt's no frills economic blueprint lacks big-ticket, headline-grabbing measures.

The 2017-18 Queensland state budget was handed down on Tuesday. Queensland households can look forward to 0 million going towards reducing household electricity prices. Losers .

Queensland Treasurer Jackie Trad has released her first budget, and there's a lot to take in.

The treasurer has played down the state's debt as "stable" and "sustainable", while splashing the cash on infrastructure, education and health.

Read our full analysis of the budget here or scroll down for an at-a-glance list of winners and losers in the Palaszczuk government's plan for the future.

a man and a woman looking at the camera: Premier Annastacia Palszczuk and Treasurer Jackie Trad embrace after Ms Trad delivered her Budget speech. (AAP) © Provided by Nine Digital Pty Ltd Premier Annastacia Palszczuk and Treasurer Jackie Trad embrace after Ms Trad delivered her Budget speech. (AAP)

WINNER: COMMUTERS

Achilles the cat trains mind and body for role as World Cup psychic

  Achilles the cat trains mind and body for role as World Cup psychic Like many soccer fans trying to predict the results of the World Cup, Achilles is busy studying the teams heading to Russia this month for the sport's biggest global showdown. But he has one advantage: cat sense. The furry white feline, who lives in St Petersburg's Hermitage museum, is being touted as a cat psychic who will predict the winners and losers of the tournament kicking off in Russia in two weeks.

Queensland . ACT. Western Australia. Treasurer Scott Morrison unveiled his third budget on Tuesday night. Who won and who lost?

Here are the biggest winners and losers from Queensland 's budget , handed down on Tuesday Losers . Business: Removal of the increase in Payroll Tax Threshold, resulting in a 0 million hit.

A large chunk of the government’s infrastructure splash is to be spent on roads and rail, with projects designed to get Queenslanders out of traffic jams.

Already promised are crucial upgrades to the M1, Bruce Highway, Ipswich Motorway and Gateway Motorway while $733 million has been set aside for the $5.4 billion Cross River Rail.

The Sunshine Coat rail duplication between Beerburrum and Nambour gets $161 million and there’s $800 million for rural and regional roads in Western Queensland.

WINNER: HOUSEHOLDS

Households will get $5.6 billion in concessions to ease cost of living pressures, a $200 million increase on last year.

WINNER: PATIENTS

The 2018-19 Budget lays out an $18.3 billion spend in health, including a record $17.3 billion in operating funding for Queensland Health. It includes funding for an additional 3500 extra nurses and midwives, and 100 ambulance officers and hospital redevelopments at Logan, Caboolture and Ipswich.

NSW budget to deliver small businesses payroll tax cuts and help with removing red tape

  NSW budget to deliver small businesses payroll tax cuts and help with removing red tape With the New South Wales state budget to be delivered today alongside a surplus of $3.9 billion, SMEs in the state have already been picked as winners thanks to multiple pre-budget announcements revealing tax breaks and red tape “bulldozing”.In a statement earlier this week, NSW treasurer Dominic Perrottet announced small businesses in the state are set to receive a collective $881 million boost to their bottom lines over the next four years, thanks to the state government upping the payroll tax threshold from $750,000 to $1 million.

Find out who scores and who misses out in Treasurer Scott Morrison's second budget .

With a big budget and an impressive .5 billion surplus, there's plenty of money to go around, but there's also a line of losers . WINNERS . Queensland 's budget posted a similar boost, citing Cyclone Debbie's positive boost to prices because of supply disruption.

WINNER: SCHOOLS

Ms Trad has promised a record education and training investment of $14.1 billion in 2018-19 including four new high schools, a new primary school and a new special school. Forty-eight state primary and high schools will be refurbished. The government will also continue with the First 5 Forever program which helps parents with kids under five.

WINNER: SMALL BUSINESS

The Treasurer said the budget was focused on making Queensland the place for small business with $22.7 million for small business grants and programs, and extension of payroll tax rebates and support for start-up hubs.

WINNER: ENVIRONMENT

$330 million has been set aside for Great Barrier Reef protection programs over five years.

LOSER: HIGH ROLLERS

a group of people posing for a photo: Jackie Trad with students at at Ferny Grove State High School in Brisbane. Picture: AAP © Provided by Nine Digital Pty Ltd Jackie Trad with students at at Ferny Grove State High School in Brisbane. Picture: AAP

Four new “luxury taxes” are expected to collect $163.3 million a year over the next three years.

Check your tickets: The hunt is on for Perth's newest millionaire

  Check your tickets: The hunt is on for Perth's newest millionaire The winning ticket, worth $1,000,000, was bought at newsXpress Foothills in Gosnells. The winning numbers were 31, 39, 37, 3, 21, 29 with supplementary numbers 19 and 30.The ticketholder has yet to come forward to claim their prize.WA also had some luck in division two, with nine punters taking home $3833.75 each.The win comes after a Perth grandmother took home $10 million just last month. require(["inlineoutstreamAd", "c.

Some well-known faces in Queensland politics face the chopping block, while others look set to spend the next three years in the State Parliament.

Losers . Foreign property investors. Foreigners buying real estate will pay a 4 per cent stamp duty surcharge that starts on Budget Day. Similar surcharges for foreign property buyers have been applied in Victoria and Queensland , although NSW's new charges have been pitched slightly lower.

1. New tax for owners of luxury cars

2. Higher stamp duty for foreign investors

3. New betting tax for agencies outside Queensland

4. New land tax category for 850 large land holdings that don’t include farms

LOSER: DUMPERS

The government insists it will no longer allow Queensland to be a dumping ground for interstate waste implementing a $70 per tonne waste levy.

a person sitting at a table: Ms Trad has announced a © Provided by Nine Digital Pty Ltd Ms Trad has announced a

There’s also $32 million for councils to ensure they don’t pass the costs onto rate payers.

LOSER: GOVERNMENT DEBT

The debt is set to hit $83 billion in four years.

Coal and gas have pumped an extra billion dollars into the budget bottom line for 2017-18 to $4 billion, gifting the new treasurer an operating surplus of $1.512 billion.

With new gas field projects being announced and the resource sector remaining strong, royalties will continue to flow into the state's coffers, even if it's not at the levels seen at the height of the mining boom.

LOSER: THE UNEMPLOYED

Despite infrastructure spending delivering about 38,000 jobs, the jobless rate is expected to stick to around six percent.

a person standing in front of a building: Treasurer Jackie Trad says her first budget will boost jobs and the economy, but has no plan to pay off the massive $83 billion deficit. © Provided by Nine Digital Pty Ltd Treasurer Jackie Trad says her first budget will boost jobs and the economy, but has no plan to pay off the massive $83 billion deficit.

'Queensland can't win this series without Slater' .
NRL Legend Phil Gould has weighed in on the drama surrounding Maroons fullback Billy Slater's fitness for State of Origin Game 2.Speaking on 100% Footy, Gould emphasized the impact of losing Slater would have for Queensland.

Source: http://au.pressfrom.com/news/money/-67405-queensland-budget-winners-and-losers/

—   Share news in the SOC. Networks

Topical videos:

This is interesting!