Anonymous ID: 7085cd March 31, 2019, 12:20 a.m. No.5988495   🗄️.is 🔗kun   >>8564 >>8855 >>8896 >>8901 >>9046

America sneezes and Australia catches the Dems flu

 

https://www.9news.com.au/national/news-federal-budget-2019-josh-frydenberg-chris-uhlmann-scott-morrison/8d3f37f8-d59b-4f98-9f8d-82778e71ad51

 

New budget from the Liberals promises ease of living for people across the nation

 

BIG PICTURE

 

  • Overall theme: "A stronger economy and a secure future"

 

  • Federal election is due in mid-May

 

  • Better than expected surplus for 2019/20 (MYEFO: $4.1 billion in 2019/20)

 

  • 3 per cent growth for 2019/20 (MYEFO forecast)

 

  • 5 per cent unemployment rate for 2019/20 (MYEFO forecast)

 

  • Migration cap to be reduced to 160,000 from 190,000

 

  • 1.25 million new jobs to be created over the next five years

 

  • Expectation of a "stimulus" worth about $6 billion, adding about 0.4 percentage points to GDP

 

All has been promised for years and were never kept