Bud­get: some re­lief, some pain

Southern Gazette (South Perth) - - NEWS -

FED­ERAL Mem­ber for Swan Steve Irons said last week’s bud­get would de­liver tax re­lief for hard-work­ing fam­i­lies.

“This tax plan backs hard-work­ing Aus­tralians and will also drive jobs and growth across the coun­try, with real ben­e­fits for in­di­vid­u­als and busi­nesses here in Swan,” Mr Irons said.

He said mid­dle-in­come earn­ers were bear­ing a growing tax bur­den.

“The Turn­bull Gov­ern­ment will pre­vent av­er­age full time wage earn­ers from moving into a higher tax bracket, so that when they earn more they won’t be taxed more,” he said.

It will in­crease the mid­dle tax bracket thresh­old from $80,000 to $87,000 from July 1, 2016.

“This will stop around half a mil­lion tax­pay­ers from fac­ing the sec­ond top mar­ginal tax rate,” he said.

Mr Irons said 3790 av­er­age wage earn­ers in Swan would be pre­vented from fac­ing the 37 per cent mar­ginal tax rate this com­ing fi­nan­cial year.

“By push­ing up the tax thresh­old on the mid­dle tax bracket we’ll keep av­er­age full time wage earn­ers on the lower rate for longer,” he said.

The Gov­ern­ment will also in­tro­duce a Low In­come Su­per­an­nu­a­tion Tax Off­set from July 1, 2017 to en­sure that low in­come earn­ers were not pay­ing more tax on their su­per­an­nu­a­tion than they are on their take-home pay.

But La­bor can­di­date for Swan, Tammy Solonec, said the bud­get would con­tinue to widen the gap be­tween the “haves and have-nots”.

She said it had not done enough to sup­port the vul­ner­a­ble, the disad­van­taged or the en­vi­ron­ment.

“Sadly, the bud­get de­liv­ers al­most

The bud­get will con­tinue to widen the gap be­tween the “haves and the have-nots”. - La­bor can­di­date Tammy Solonec

noth­ing to peo­ple earn­ing less than $80,000 per year,” she said.

“Se­niors will have an as­tound­ing $1.2 bil­lion taken from aged care.

“Sin­gle pen­sion­ers will be $366 a year worse off and cou­ple pen­sion­ers will be $550 a year worse off un­der cuts to the Clean En­ergy Sup­ple­ment.”

And cuts to the fam­ily tax ben­e­fit scheme and univer­sity course fund­ing would af­fect fam­i­lies and youth.

“I'm very con­cerned at the con­tin­u­ing cuts to jus­tice ser­vices that the vul­ner­a­ble and disad­van­taged rely on,” she said.

“Ser­vices like Sus­sex Street in Vic­to­ria Park are al­ready stretched.”

Ms Solonec said peo­ple in Swan were be­ing asked to tighten their “al­ready tight belts” while the Gov­ern­ment spends bil­lions of dol­lars on de­fence.

“There is no men­tion of cli­mate change or help­ing the en­vi­ron­ment, other than to con­tinue Ab­bott’s ide­o­log­i­cal at­tack on en­vi­ron­men­tal ad­vo­cacy groups,” she said.

“And there is no sub­stan­tial in­vest­ment in pub­lic trans­port in­fra­struc­ture, es­pe­cially in WA where not a sin­gle new rail project has been funded.”

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