Treasurer Josh Frydenberg’s first budget has brought to an end more than a decade in the red, predicting a return to surplus in 2019-20.
With the election expected to be called in a matter of days, it is not surprising that the other budget highlights were election “sweeteners” focussed on large personal income tax cuts and a $1 billion infrastructure package.
For Local Governments, there were some positive announcements, including the increases to funding for the Roads to Recovery, Roads Safety Federal Blackspots and Bridges renewal programs, as well as additional funding for regional airports and community sports facilities.
WALGA has prepared a summary of the key issues in the Budget for Local Governments, which can be found here.
For more information plese visit our Economics section on the website, or email Policy Manager, Economics Dana Mason.
