Page 1762 - Week 06 - Tuesday, 7 June 2016
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It does this through careful investment and sensible policies to support economic growth.
Our previous budgets have supported the economy through the Federal Liberal Government’s job cuts. We kept the economy growing and we kept people in work. Our economy is stronger as a result of our investment.
Today, service exports are at an all-time high, confidence is rising, and employment is up; we now have the lowest unemployment rate in Australia.
The budget is on a clear path to surplus. We have improved the budget position by $300 million.
This budget builds on everything that is great about Canberra to create an even stronger, more prosperous, fairer and more livable city.
That’s why this budget continues to put the health, education and jobs of Canberrans first.
That’s why this budget funds more nurses, more doctors and more teachers, more municipal services, more roads and road upgrades, more public transport, and more support for vulnerable Canberrans.
That’s why this budget includes an unprecedented investment in safer families, with the biggest package to address family violence in the Territory’s history.
While delivering these services today, we are creating an even better future.
We are returning to a balanced budget not by slashing jobs and services but by building confidence in our economy and supporting growth.
We are listening to Canberrans and delivering the services they want to make their life better and easier, whether it is investing in our hospitals, improving our schools, or providing better public transport, green bins for garden waste and more jobs.
We will continue to support local firms to grow, innovate and create jobs, we will keep encouraging investment, and keep diversifying our economy, particularly in growth sectors like higher education, research and the knowledge industries.
We are creating a smart, digital city. Canberra is a city where smart people want to live, where doing business is easy, where government transactions are simple, and where red tape is reducing.
We are continuing to make taxes fairer, simpler and more efficient. We have again cut stamp duty and payroll tax, and in this budget we abolish insurance tax completely.
This budget demonstrates the modern, caring, responsible values this Government holds: prudent economic management, providing world-class services, and caring for those who need a helping hand.
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