40:
1324:
438:
371:
332:
866:
846:
survey found that consumer confidence dropped as a result of the budget. Surveyed consumers anticipated that stimulus payments in the form of cash bonuses were no longer an option for the government, and their expectations of a turnaround during the following five years dwindled. The fall is equal to
809:
In his formal response to the budget, Turnbull announced opposition to the reduction in private health insurance rebates, proposing that the funds be sourced by raising the tax on cigarettes by 3 cents instead. The Greens criticised the budget for supporting the coal industry and indicated their
308:
Labor budgetary policy on taxation is to keep it below the 2007–2008 level of 24.7% of GDP over the medium term. After taking into account regulatory changes to eliminate "tax minimisation" through employee share schemes, taxation receipts come in at 22% of GDP. The government has not indicated
472:
Labor budgetary policy separates aged care from other welfare expenditure. The budget saw synchronised changes across the public sector as the government decided to lift the pension age and also moved to lift the superannuation preservation age. Two reports which accompanied the budget, the
830:
supporting the capital spending but critical of the plan to return to budget surplus. National
Seniors Australia and ACOSS welcomed the increase to age pensions, but raised concerns that sole parents, the young and unemployed had been ignored. International ratings agencies
405:
Overall expenditure is expected to increase in 2009/2010 by 1.6% of GDP. The key feature of the budget was a third round of spending to provide long-term stimulus. Overall, spending has increased by 4.6% of GDP since the last Howard/Costello budget (2007/2008).
295:
A$ 210 billion decrease in revenue was forecast over the next four years, with the 2009–10 deficit expected to be in excess of $ 50 billion. Labor suggested that the decrease in revenue, brought about by the
191:. Swan commented that the budget would be tougher than in previous years. "Projected government revenue has fallen by $ 200 billion since the last budget because of the global economic crisis."
481:
on tax strategy, argued the need for a single means test—more comprehensive than testing assets and income separately, standard practice since 1985—to promote other forms of saving.
1283:
720:
968:
994:
854:
hearings on the budget, the government faced strident criticism from chief executives, unions and small companies over the changes to employee share schemes.
1109:
521:
The government will invest more than $ 22 billion for "Nation
Building Infrastructure" in transport, broadband, clean energy, universities and health care.
823:
912:
1276:
157:
152:
1457:
778:
712:
1508:
1028:
478:
1439:
799:
798:
challenged the government's projections for a return to budget surplus, claiming that growth projections were above historical trends. The
1164:
492:
will be progressively increased to 67 years by 2023, reflecting increases in life expectancy, and consistent with international trends.
1269:
297:
1503:
68:
1212:
810:
support for
Turnbull's cigarette tax proposal. Family First Senator Steve Fielding criticised the government for breaking its
1467:
1462:
1434:
1429:
1424:
1419:
1414:
1409:
1404:
1399:
1373:
1368:
1363:
1358:
1348:
1308:
1332:
188:
1078:
851:
782:
1493:
960:
418:
990:
1313:
1488:
637:
574:
559:
1292:
827:
184:
121:
1498:
879:
421:
boost to be extended for another six months, but at a reduced rate after three. Expected to cost $ 539 million.
485:
A pension increase of $ 32.49 per week for singles and $ 10.14 per week combined for couples on the full rate.
904:
1117:
832:
58:
1340:
1057:
652:
584:
176:
78:
934:
309:
whether it will be modifying its target for 2010–2011, in light of the forecast contraction in growth.
1200:
839:, said that the budget did not risk Australia's AAA rating as the country's finances remained sound.
139:
1449:
1391:
1387:
1256:
1020:
806:, called on the Prime Minister to reveal the full economic modelling used in the Treasury outlook.
17:
1336:
1383:
1300:
732:
127:
112:
99:
1156:
871:
811:
803:
759:
726:
716:
1323:
512:. This paid parental leave scheme will be for 18 weeks at $ 544 a week. Total cost unknown.
39:
321:
1238:
Kitney, Damon (22 May 2009). "Blunder turns into national fiasco as more schemes die".
509:
437:
370:
331:
1482:
1216:
506:
198:
which released a number of headline details and bad news in the weeks beforehand.
1086:
836:
172:
777:$ 136 million to develop an advertising-free digital children's channel on the
861:
795:
180:
88:
1186:
Crowe, David; Tingle, Laura (14 May 2009). "Swan defends recovery optimism".
699:$ 901 million for research infrastructure related to the critical disciplines
1261:
316:
A 30–50% small business tax break for eligible assets. Total cost unknown.
1055:
Aylmer, Sean (14 May 2009). "Economic outlook: More pain, fewer jobs".
843:
631:$ 389 million for ports in Western Australia and the Northern Territory
551:$ 389 million for ports in Western Australia and the Northern Territory
489:
737:$ 36 million cut in funding for quarantine and plant and animal health
601:$ 650 million set aside for future projects related to clean energy
1201:
Malcolm
Turnbull ready to fight over Budget private health rebates
850:
Come 22 May, as senators and
Treasury officials prepared for the
195:
140:
http://www.budget.gov.au/2009-10/content/overview/html/index.htm
1265:
686:$ 400 million for laboratories and research training facilities
678:$ 322 million for laboratories and research training facilities
432:
365:
326:
938:
747:$ 64 billion over five years for public hospitals and health;
683:$ 650 million set aside for projects related to clean energy
669:$ 1.584 billion investment in universities and trade schools
593:$ 1.584 billion investment in universities and trade schools
1213:"Public gives budget the boot as consumer confidence slides"
822:
Reaction from business lobby groups was mixed, with the
448:
381:
342:
175:
ended 30 June 2010 was presented on 12 May 2009 by the
696:$ 1.1 billion investment in public research agencies
642:$ 4.5 billion investment in clean energy development
625:$ 4.6 billion for improvements to metropolitan trains
608:$ 1.1 billion investment in public research agencies
568:$ 4.5 billion investment in clean energy development
545:$ 4.6 billion for improvements to metropolitan trains
645:$ 2 billion for a Carbon Capture and Storage program
221:
A 2012–13 deficit of $ 28.2 billion – 2% of GDP and;
1448:
1382:
1331:
1299:
753:
Private health insurance rebate to be means tested;
135:
120:
107:
94:
84:
74:
64:
54:
46:
415:Payments to the States increased to $ 50.1 billion
218:A 2011–12 deficit of $ 44.5 billion – 3.4% of GDP;
215:A 2010–11 deficit of $ 57.1 billion – 4.7% of GDP;
212:A 2009–10 deficit of $ 57.6 billion – 4.9% of GDP;
762:to become a for-profit Government owned business.
961:"Federal budget: Swan says revenue $ 200b short"
628:$ 3.4 billion for improvements to national roads
548:$ 3.4 billion for improvements to national roads
187:presented by Swan, and the second budget of the
911:. Commonwealth of Australia. 2009. p. 34.
814:to maintain private health insurance rebates.
750:$ 1.5bn to upgrade hospitals around Australia;
1277:
1150:
1148:
1146:
1144:
8:
899:
897:
895:
29:
824:Australian Chamber of Commerce and Industry
756:$ 2 billion for cancer care infrastructure;
505:Starting in 2011, there will be an 18-week
1284:
1270:
1262:
1157:"Hockey slams Budget's 'casino economics'"
1072:
1070:
1068:
1050:
1048:
1046:
523:
495:System will cost $ 36 billion by 2012–2013
300:, was the primary reason for the deficit.
28:
613:$ 901 million for research infrastructure
1061:. Vol. 31, no. 19. p. 23.
1014:
1012:
905:"2009–10 Commonwealth Budget – Overview"
648:$ 1.5 billion for a solar energy program
580:$ 1.5 billion for a solar energy program
937:. Australian Government. Archived from
891:
672:$ 934 million for 31 approved projects
622:$ 8.5 billion investment in transport
540:$ 8.5 billion investment in transport
659:$ 3.2 billion investment in hospitals
7:
517:Infrastructure, transport and energy
598:$ 934 million for approved projects
313:Income tax cuts worth $ 11 billion.
148:Numbers in italics are projections.
1138:SBS World NEWS, 7:05pm 13 May 2009
790:Opposition and crossbench response
713:military operations in Afghanistan
636:$ 4.7 billion down-payment on the
558:$ 4.7 billion down-payment on the
194:There were many allegedly planned
25:
18:Australian federal budget, 2009–10
971:from the original on 15 June 2009
847:about half of last month's gain.
33:Australian federal budget 2009–10
1322:
1167:from the original on 15 May 2009
1031:from the original on 15 May 2009
915:from the original on 16 May 2009
864:
689:$ 250 million for infrastructure
675:$ 613 million for infrastructure
436:
369:
330:
38:
1240:The Australian Financial Review
1188:The Australian Financial Review
997:from the original on 6 May 2009
651:$ 465 million seed funding for
583:$ 465 million seed funding for
424:Reduced spending on agriculture
224:A return to surplus in 2015–16.
767:Community services and culture
169:2009 Australian federal budget
1:
1108:Lunn, Stephen (15 May 2009).
1027:. Commonwealth of Australia.
1509:May 2009 events in Australia
1155:Unattributed (12 May 2009).
1116:. p. 11. Archived from
1019:Swan, Wayne (12 May 2009).
909:2009–10 Commonwealth Budget
527:Infrastructure investments
488:The qualifying age for the
468:Social security and welfare
248:Moderately decreased growth
142:Australian Budget 2009–2010
1525:
852:Senate estimates committee
785:to produce local material.
638:National Broadband Network
575:Carbon capture and storage
560:National Broadband Network
1320:
1293:Australian federal budget
1077:Unattributed (May 2009).
965:The Sydney Morning Herald
828:Australian Industry Group
526:
173:Australian financial year
146:
37:
880:Australian national debt
800:Leader of the Opposition
725:$ 654 million to combat
1504:2009 government budgets
1110:"Not the retiring type"
1021:"Budget Speech 2009–10"
419:First home owners grant
298:global financial crisis
59:Parliament of Australia
1058:Business Review Weekly
445:This section is empty.
378:This section is empty.
339:This section is empty.
177:Treasurer of Australia
79:Australian Labor Party
1025:Budget Speech 2009–10
833:Standard & Poor's
781:and $ 22 million for
535:Breakdown of numbers
475:Pension Review Report
283:2.0% for 2011–12 and;
264:4.5% for 2011–12 and;
240:7.5% for 2011–12 and;
189:first Rudd government
653:Renewables Australia
585:Renewables Australia
1450:Albanese Government
1392:Morrison Government
229:Rising unemployment
34:
1494:Australian budgets
1257:2009 Budget speech
731:$ 685 million for
711:$ 1.7 billion for
573:$ 2 billion for a
410:General government
362:Customs and excise
277:1.75% for 2009–10;
261:2.25% for 2010–11;
258:-0.5% for 2009–10;
234:8.25% for 2009–10;
108:Total expenditures
1489:2009 in Australia
1476:
1475:
1301:Howard Government
1242:. pp. 56–57.
1190:. pp. 1, 10.
794:Shadow Treasurer
733:national security
619:
618:
465:
464:
398:
397:
359:
358:
286:2.5% for 2012–13.
280:1.5% for 2010–11;
267:4.5% for 2012–13.
243:6.5% for 2012–13.
237:8.5% for 2010–11;
165:
164:
16:(Redirected from
1516:
1326:
1286:
1279:
1272:
1263:
1244:
1243:
1235:
1229:
1228:
1226:
1224:
1215:. Archived from
1209:
1203:
1198:
1192:
1191:
1183:
1177:
1176:
1174:
1172:
1152:
1139:
1136:
1130:
1129:
1127:
1125:
1105:
1099:
1098:
1096:
1094:
1085:. Archived from
1074:
1063:
1062:
1052:
1041:
1040:
1038:
1036:
1016:
1007:
1006:
1004:
1002:
987:
981:
980:
978:
976:
957:
951:
950:
948:
946:
935:"Budget website"
931:
925:
924:
922:
920:
901:
874:
872:Australia portal
869:
868:
867:
812:election promise
804:Malcolm Turnbull
760:Medibank Private
727:people smuggling
524:
460:
457:
447:You can help by
440:
433:
393:
390:
380:You can help by
373:
366:
354:
351:
341:You can help by
334:
327:
149:
42:
35:
32:
21:
1524:
1523:
1519:
1518:
1517:
1515:
1514:
1513:
1499:Rudd government
1479:
1478:
1477:
1472:
1444:
1378:
1341:Rudd Government
1327:
1318:
1295:
1290:
1253:
1248:
1247:
1237:
1236:
1232:
1222:
1220:
1211:
1210:
1206:
1199:
1195:
1185:
1184:
1180:
1170:
1168:
1154:
1153:
1142:
1137:
1133:
1123:
1121:
1107:
1106:
1102:
1092:
1090:
1089:on 18 June 2009
1076:
1075:
1066:
1054:
1053:
1044:
1034:
1032:
1018:
1017:
1010:
1000:
998:
991:"Crikey.com.au"
989:
988:
984:
974:
972:
959:
958:
954:
944:
942:
933:
932:
928:
918:
916:
903:
902:
893:
888:
870:
865:
863:
860:
820:
792:
774:
769:
744:
721:Solomon Islands
708:
666:
519:
502:
490:Old Age Pension
470:
461:
455:
452:
431:
412:
403:
401:Expenditure mix
394:
388:
385:
364:
355:
349:
346:
325:
322:Non-tax revenue
306:
293:
250:
231:
209:
204:
161:
155:
147:
115:$ 338.2 billion
102:$ 290.6 billion
30:
23:
22:
15:
12:
11:
5:
1522:
1520:
1512:
1511:
1506:
1501:
1496:
1491:
1481:
1480:
1474:
1473:
1471:
1470:
1465:
1460:
1458:2022 (October)
1454:
1452:
1446:
1445:
1443:
1442:
1437:
1432:
1427:
1422:
1417:
1412:
1407:
1402:
1396:
1394:
1380:
1379:
1377:
1376:
1371:
1366:
1361:
1356:
1351:
1345:
1343:
1329:
1328:
1321:
1319:
1317:
1316:
1311:
1305:
1303:
1297:
1296:
1291:
1289:
1288:
1281:
1274:
1266:
1260:
1259:
1252:
1251:External links
1249:
1246:
1245:
1230:
1219:on 22 May 2009
1204:
1193:
1178:
1140:
1131:
1120:on 19 May 2009
1114:The Australian
1100:
1064:
1042:
1008:
982:
967:. 6 May 2009.
952:
941:on 14 May 2009
926:
890:
889:
887:
884:
883:
882:
876:
875:
859:
856:
819:
816:
791:
788:
787:
786:
773:
770:
768:
765:
764:
763:
757:
754:
751:
748:
743:
740:
739:
738:
735:
729:
723:
707:
704:
703:
702:
701:
700:
694:
693:
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691:
690:
687:
681:
680:
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629:
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589:
588:
587:
581:
578:
569:
565:
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562:
555:
554:
553:
552:
549:
546:
541:
537:
536:
533:
529:
528:
518:
515:
514:
513:
510:parental leave
501:
498:
497:
496:
493:
486:
469:
466:
463:
462:
443:
441:
430:
427:
426:
425:
422:
416:
411:
408:
402:
399:
396:
395:
376:
374:
363:
360:
357:
356:
337:
335:
324:
319:
318:
317:
314:
305:
302:
292:
289:
288:
287:
284:
281:
278:
274:
273:
269:
268:
265:
262:
259:
255:
254:
249:
246:
245:
244:
241:
238:
235:
230:
227:
226:
225:
222:
219:
216:
213:
208:
205:
203:
200:
185:federal budget
163:
162:
156:
150:
144:
143:
137:
133:
132:
130:$ 57.6 billion
124:
118:
117:
109:
105:
104:
96:
92:
91:
86:
82:
81:
76:
72:
71:
66:
62:
61:
56:
52:
51:
48:
44:
43:
24:
14:
13:
10:
9:
6:
4:
3:
2:
1521:
1510:
1507:
1505:
1502:
1500:
1497:
1495:
1492:
1490:
1487:
1486:
1484:
1469:
1466:
1464:
1461:
1459:
1456:
1455:
1453:
1451:
1447:
1441:
1438:
1436:
1433:
1431:
1428:
1426:
1423:
1421:
1418:
1416:
1413:
1411:
1408:
1406:
1403:
1401:
1398:
1397:
1395:
1393:
1389:
1385:
1381:
1375:
1372:
1370:
1367:
1365:
1362:
1360:
1357:
1355:
1352:
1350:
1347:
1346:
1344:
1342:
1338:
1334:
1330:
1325:
1315:
1312:
1310:
1307:
1306:
1304:
1302:
1298:
1294:
1287:
1282:
1280:
1275:
1273:
1268:
1267:
1264:
1258:
1255:
1254:
1250:
1241:
1234:
1231:
1218:
1214:
1208:
1205:
1202:
1197:
1194:
1189:
1182:
1179:
1166:
1162:
1158:
1151:
1149:
1147:
1145:
1141:
1135:
1132:
1119:
1115:
1111:
1104:
1101:
1088:
1084:
1080:
1073:
1071:
1069:
1065:
1060:
1059:
1051:
1049:
1047:
1043:
1030:
1026:
1022:
1015:
1013:
1009:
996:
992:
986:
983:
970:
966:
962:
956:
953:
940:
936:
930:
927:
914:
910:
906:
900:
898:
896:
892:
885:
881:
878:
877:
873:
862:
857:
855:
853:
848:
845:
840:
838:
834:
829:
825:
817:
815:
813:
807:
805:
801:
797:
789:
784:
780:
776:
775:
771:
766:
761:
758:
755:
752:
749:
746:
745:
741:
736:
734:
730:
728:
724:
722:
718:
714:
710:
709:
705:
698:
697:
695:
688:
685:
684:
682:
677:
674:
673:
671:
670:
668:
667:
663:
658:
654:
650:
647:
644:
643:
641:
639:
635:
630:
627:
624:
623:
621:
620:
612:
611:
610:
607:
606:
600:
597:
596:
595:
592:
591:
586:
582:
579:
576:
572:
571:
570:
567:
566:
563:
561:
557:
556:
550:
547:
544:
543:
542:
539:
538:
534:
532:Capital type
531:
530:
525:
522:
516:
511:
508:
504:
503:
499:
494:
491:
487:
484:
483:
482:
480:
476:
467:
459:
450:
446:
442:
439:
435:
434:
428:
423:
420:
417:
414:
413:
409:
407:
400:
392:
383:
379:
375:
372:
368:
367:
361:
353:
344:
340:
336:
333:
329:
328:
323:
320:
315:
312:
311:
310:
303:
301:
299:
290:
285:
282:
279:
276:
275:
271:
270:
266:
263:
260:
257:
256:
252:
251:
247:
242:
239:
236:
233:
232:
228:
223:
220:
217:
214:
211:
210:
206:
201:
199:
197:
192:
190:
186:
183:, the second
182:
178:
174:
170:
159:
154:
145:
141:
138:
134:
131:
129:
125:
123:
119:
116:
114:
110:
106:
103:
101:
97:
95:Total revenue
93:
90:
87:
83:
80:
77:
73:
70:
67:
63:
60:
57:
53:
49:
45:
41:
36:
27:
19:
1440:2022 (March)
1353:
1239:
1233:
1221:. Retrieved
1217:the original
1207:
1196:
1187:
1181:
1169:. Retrieved
1160:
1134:
1122:. Retrieved
1118:the original
1113:
1103:
1091:. Retrieved
1087:the original
1082:
1056:
1033:. Retrieved
1024:
999:. Retrieved
985:
973:. Retrieved
964:
955:
943:. Retrieved
939:the original
929:
917:. Retrieved
908:
849:
841:
821:
808:
793:
520:
507:minimum wage
479:Henry review
474:
471:
456:January 2011
453:
449:adding to it
444:
404:
389:January 2011
386:
382:adding to it
377:
350:January 2011
347:
343:adding to it
338:
307:
294:
193:
168:
166:
126:
111:
98:
55:Submitted to
26:
842:An ongoing
837:Fitch Group
772:Initiatives
500:Initiatives
429:Initiatives
291:Revenue mix
50:12 May 2009
1483:Categories
1079:"ABC wrap"
886:References
796:Joe Hockey
717:East Timor
181:Wayne Swan
89:Wayne Swan
65:Parliament
818:Reception
664:Education
272:Inflation
202:Forecasts
85:Treasurer
47:Submitted
1388:Turnbull
1165:Archived
1161:ABC News
1083:ABC News
1029:Archived
995:Archived
969:Archived
913:Archived
858:See also
826:and the
719:and the
477:and the
304:Taxation
253:Real GDP
171:for the
31: ()
1337:Gillard
844:Westpac
706:Defence
577:program
207:Deficit
158:2010–11
153:2008–09
151:‹
136:Website
122:Deficit
1384:Abbott
1223:20 May
1171:17 May
1124:24 May
1093:17 May
1035:12 May
1001:17 May
975:17 May
919:12 May
835:, and
742:Health
945:9 May
196:leaks
75:Party
1468:2024
1463:2023
1435:2021
1430:2020
1425:2019
1420:2018
1415:2017
1410:2016
1405:2015
1400:2014
1374:2013
1369:2012
1364:2011
1359:2010
1354:2009
1349:2008
1333:Rudd
1314:2007
1309:2006
1225:2009
1173:2009
1126:2009
1095:2009
1037:2009
1003:2009
977:2009
947:2009
921:2009
167:The
69:42nd
783:SBS
779:ABC
451:.
384:.
345:.
1485::
1390:/
1386:/
1339:/
1335:/
1163:.
1159:.
1143:^
1112:.
1081:.
1067:^
1045:^
1023:.
1011:^
993:.
963:.
907:.
894:^
802:,
715:,
179:,
1285:e
1278:t
1271:v
1227:.
1175:.
1128:.
1097:.
1039:.
1005:.
979:.
949:.
923:.
458:)
454:(
391:)
387:(
352:)
348:(
160:›
128:A
113:A
100:A
20:)
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