Watch live: Treasurer Jim Chalmers is delivering his budget address, announcing the first surplus in 15 years as well as a raft of cost-of-living measures.
He has announced a Hydrogen Headstart program that will be funded to the tune of $2 billion.
“Seizing these kinds of industrial and economic opportunities will be the biggest driver and determinant of our future prosperity.”First applause for bulk billing boostannounced a tripling of the bulk-billing incentive that provides for free GP visits. Treasurer Jim Chalmers waves to people in the gallery before delivering the budget speech on Tuesday evening.“A $3.5 billion boost that will help GPs provide free consultations to around 11.6 million eligible Australians.“All of this will help take pressure off our public hospitals and emergency departments, still feeling the strain of a once-in-a-century pandemic.
“Tonight, to help ease the pressure on people feeling the pain of rising rents, we are increasing the maximum rates of Commonwealth Rent Assistance by 15 per cent,” Chalmers says.
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