After five Labor Budgets, Australians are paying more, working harder, and going backwards.
Labor’s Budget of broken promises and cuts has obliterated a fair go for Hinkler.
The Federal Member for Hinkler David Batt MP said the Prime Minister’s lies will increase taxes, lower living standards and cut funding to the electorate.
“Labor’s broken promises on tax betrays the trust of families in Hinkler and will see regional Australians pay more,” Mr Batt said.
“In the regions, not only does Labor’s Budget make people poorer, they also suffer cuts to the productivity-enhancing infrastructure that could make all Australians richer.”
Across the Budget, regional Australians face at least $11 billion worth of cuts, including:
- $6.15 billion cut from the Inland Rail project,
- $4.7 billion cut from infrastructure spending,
- $103 million cut from the National Water Grid,
- $191.6 million cut from pest and disease, regional trade and drought funding for farmers, and
- $21.4 million cut from regional communications funding.
“Despite cutting funding to essential services in the regions, Labor continues to blow a small fortune on its net zero obsession.
This Budget reveals that Labor will spend another $18.2 billion on net zero. Labor’s net zero spending now equals at least $80 billion.
This does not include the massively expensive Capacity Investment Scheme, because Labor continues to hide the cost of its renewable energy subsidies.
“The Nationals will dump net zero and we will fight tooth and nail at the next election to stop this madness, which has come to a terrible head in this Budget.
“Labor’s addiction to mass migration is also adding to inflationary pressures. Labor plans for almost 300,000 people to migrate to Australia (in net terms) next financial year.
“Labor is ignoring the will of the Australian people who want to see lower migration so that the pressure on housing, hospitals and other services is reduced. This Budget sees Labor overshoot its migration target by 90,000 people over the next two years.
“Labor has flown the white flag on trying to increase the wealth of Australians. This Budget does not invest in new roads, new dams and new mines to increase Australia’s economy. Under Labor’s Budget, mining investment falls to ZERO in 2027-28.
“The Nationals believe that Australia can deliver higher living standards, but only if we unleash our nation’s latent potential by using all of our resources and talent.”
“The Budget confirms that living standards will go backwards again, confirming those with a typical mortgage are $32,000 a year worse off under Labor even after this Budget,” Mr Batt said.
“Hinkler families are also feeling the pain of wages not keeping up with Labor’s inflation, with the Budget revealing the buying power of Australians’ wages has declined by 3 per cent under this government.
Australians are still staring at a decade of deficits, with debt forecast to hit $1.25 trillion.
The yearly interest bill on that debt will hit more than $42 billion or $80,000 per minute.
On Thursday night, Opposition Leader Angus Taylor will deliver the Budget in Reply and outline the Coalition’s plan for a Better Australia.
A plan to restore Australians’ standard of living.
A plan to protect our way of life.
A plan to back hard work, reward aspiration, grow the economy and get Australia on the right track.
Australians cannot afford more broken promises, more taxes, more debt and more division.