2016-2017 federal budget

About 100 members of Fair Go for Pensioners (FGFP) rallied in Melbourne on May 25 to call on political parties to reverse severe funding cuts to welfare, health and education in the federal budget which will condemn more pensioners and low-income families to living below the poverty line. FGFP president Roger Wilson said the budget focus on giving the business sector generous tax cuts came at the expense of slashing services for the most vulnerable — pensioners, low-income families, the unemployed and those fearing homelessness.
The Malcolm Turnbull Coalition government's economic spin is that they are managing a “transition” from “strong resource investment-led growth to broader-based drivers of economic activity”. This, it claims in the 2016 budget papers, is a transition to more “labour-intensive sectors, such as services”. Hence the Coalition's mantra: “Growth and jobs”. Sounds nice, but what does this mean for the different classes in Australia?
The 2016-2017 budget aims to get the federal Coalition over the line on July 2, the expected double disillusion election date. Treasurer Scott Morrison's budget speech was a far cry from the last two “gloom and doom” budgets from Joe Hockey. But it contained significant cuts to essential services, health and education. Climate change didn't rate a mention. But the government confirmed its previously announced cut to the Australian Renewable Energy Agency (ARENA) which funds clean energy innovation.
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