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Total government revenue is $ 644 billion this financial year. Government revenues were $ 57.3 billion better than last predicted in the March budget. The cause is higher company taxes generated by resource exports. The increased price of energy is a windfall for energy exporters.
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The budget included a $ 6.2 billion plan to remove the limits to annual Child Care
Subsidy (CCS) payments, effective from July 2022. The subsidy would be offered to families earning up to $ 530,000 annually. $ 531.6 million is being spent on government paid
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349:. Specifically funding is for an increase in the number of care minutes residents receive and the commitment to require aged care homes to have a registered nurse onsite 24/7 from 1 July 2023.
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The underlying cash balance for this financial year is forecast to be a $ 36.9 billion deficit. A structural deficit is expected to remain for the next decade. As of 14 October
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projects. This includes cutting taxes on electric cars and building a national electric vehicle charging network and hydrogen refueling stations among other measures.
352:$ 170 million has been allocated to women’s safety. 500 frontline workers will support women and children experiencing family, domestic and sexual violence.
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694:
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Before the budget was delivered the
Treasurer was cautioning the state of the global economy. He warned our key trading partners faced the risk of
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The budget also provided a significant boost to vocational education. $ 922 million is being spent over five years to provide 480,000 fee-free
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is expected to grow 3.25% this financial year, dropping to 1.5% in the following financial year. This is the lowest since the
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542:"Australia's inflation hits 7.3%, the highest level since 1990, with interest rates now likely higher for longer"
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praised funding for justice reinvestment programs to help keep children out of the criminal justice system.
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331:$ 2.4 billion is to go towards improving internet speeds for 1.5 million homes and businesses on the
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782:"Why mums are branding the federal budget's paid parental leave changes a 'massive slap in the face"
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1018:"Budget deficit to halve this financial year but spending pressures mean boost will be short-lived"
838:"Australian government commits to spending $ 900 million to boost soft-power in the Pacific region"
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748:"Labor promises cheaper child care, billions of investment in electricity grid in Budget response"
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273:$ 720 million is expected to be raised after a "crackdown on large companies using related-party
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986:"What does the federal budget deliver for business? Child care, skills and tax the centrepieces"
723:"What does the federal budget deliver for business? Child care, skills and tax the centrepieces"
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958:"Federal budget 2022 summary – winners and losers: who will benefit and who was left behind?"
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1045:"Budget reply: Opposition criticises Labor's 'missed opportunity' on cost of living crisis"
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570:"Treasurer Jim Chalmers warns of global economy's 'perilous path' ahead of federal budget"
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to the
Pacific is seeing a boost of $ 375 million, bringing the total to $ 900 million.
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695:"Australia's extraordinary budget windfall could presage a painful return to earth"
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is set to have its funding restored, costing $ 83.7 million over four years. The
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praised the increases in foreign aid spending as critical and a strong step. The
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entitlements. The entitlement will expand from 20 weeks to 26 weeks in 2026-27.
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measures. The initiative provides the framework that measures and reports on the
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1071:"Australian Federal Budget 2022: Focus on justice reinvestment welcome start"
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to fund government services and operations. The budget was presented to the
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scripts is being reduced from $ 42.50 to $ 30 at a cost of $ 200 million.
514:"Government reveals $ 22 billion budget surplus in final outcome figures"
902:"Federal budget 2022: Millions to get cheaper medicines from January 1"
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of financial prosperity. The plan is to introduce targets next year.
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on 25 October 2022. It was the first budget to be handed down by the
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had risen to 7.3% over the past year, the highest since June 1990.
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The budget was handed down during a period of high inflation. The
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was disappointed that fossil fuels were still being subsidised.
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welcomed the introduction of a set of well-being measures. The
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to artificially reduce their local profits and tax bills".
870:"Labor announces NBN pitch ahead of next federal election"
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was extremely concerned for people on the lowest incomes.
345:$ 2.5 billion is to be spent over four years on improving
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664:"Australian budget 2022 preview: what we know so far"
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is being funded, with $ 42.6 million allocated. The
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630:"Wellbeing focus welcome in Federal Budget update"
483:Chalmers, Jim; Gallagher, Katy (25 October 2022).
485:"Budget Paper No. 1: Budget Strategy and Outlook"
402:criticised the budget as a "missed opportunity".
808:"Budget 2022: Renewable energy gets $ 20b boost"
416:Australian Council for International Development
318:$ 800 million has been allocated to spending on
605:"Budget 2022 unveils first 'well-being' budget"
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925:"Federal budget commits to aged care reform"
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36:2022–23 Australian Federal Budget - October
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371:by multinationals and individuals.
361:Australian Broadcasting Corporation
338:The maximum general co-payment for
30:Australian federal budget - October
984:Janda, Michael (25 October 2022).
868:Long, Claudia (16 November 2022).
721:Janda, Michael (25 October 2022).
568:Glenday, James (17 October 2022).
394:Opposition and crossbench response
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1016:Martin, Sarah (24 October 2022).
662:Martin, Sarah (24 October 2022).
635:National Mental Health Commission
603:Seeto, Tamika (25 October 2022).
540:Hannam, Peter (26 October 2022).
420:National Mental Health Commission
229:The budget featured a new set of
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746:Hayne, Jordan (8 October 2022).
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203:being delivered in March by the
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1075:Amnesty International Australia
788:. Nine Digital. 26 October 2022
693:Uren, David (28 October 2022).
428:Amnesty International Australia
376:Technical and Further Education
340:Pharmaceutical Benefits Scheme
16:October 2022 Australian budget
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237:for Australians, beyond the
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388:Australian government debt
333:National Broadband Network
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929:Australian Ageing Agenda
814:. Yahoo. 25 October 2022
357:Climate Change Authority
182:House of Representatives
55:House of Representatives
1337:2022 government budgets
251:gross domestic product
193:Australian Labor Party
93:Australian Labor Party
461:Taxation in Australia
390:was $ 892.3 billion.
365:Australian Tax Office
291:Non-taxation receipts
255:early 1990s recession
197:2022 federal election
456:Economy of Australia
217:consumer price index
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51:Submitted to
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326:Foreign aid
306:Expenditure
1326:Categories
1081:4 November
1055:31 October
1029:31 October
1001:2 November
969:31 October
934:30 October
908:30 October
885:2 November
853:30 October
818:30 October
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763:30 October
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706:31 October
675:30 October
642:31 October
614:31 October
585:30 October
553:30 October
467:References
296:Memorandum
239:indicators
231:well-being
211:Background
158:March 2022
79:Government
69:Parliament
410:Reception
347:aged care
245:Forecasts
224:recession
186:Treasurer
99:Treasurer
61:Presented
1231:Turnbull
991:ABC News
875:ABC News
843:ABC News
753:ABC News
575:ABC News
525:20 April
519:ABC News
497:20 April
434:See also
378:places.
301:Expenses
265:Revenues
259:pandemic
176:was the
1180:Gillard
156:‹
139:Website
129:Surplus
24: (
1227:Abbott
1049:9 News
786:9 News
144:budget
488:(PDF)
275:debts
89:Party
1311:2024
1306:2023
1278:2021
1273:2020
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184:by
148:.au
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