Australian Politics Forum - Federal budget 2022: Winners and Losers.

AusGeoff Gold Member Offline Sage of Gippsland Posts: 5999 Victoria Gender:	Federal budget 2022: Winners and Losers. Oct 25^th, 2022 at 8:33pm An easily accessible breakdown of the Federal government's budget from the ABC. The winners, the losers, and the neutral recipients. Here's where it plans to spend its money and where it plans to rein things in.
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Bobby. Gold Member Offline Australian Politics Posts: 105369 Melbourne Gender:	Re: Federal budget 2022: Winners and Losers. Reply #1 - Oct 25^th, 2022 at 8:53pm I just looked - I don't get even one penny of help for anything. I'm a loser in this budget according to that website.
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Bobby.

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Re: Federal budget 2022: Winners and Losers.
Reply #2 - Oct 25^th, 2022 at 8:54pm

https://www.abc.net.au/news/2022-10-25/federal-budget-2022-labor-government-winn...

There's more bad news in the budget for wage earners.With inflation expected to reach 7.75 per cent in December, workers' pay is expected to continue to go backwards until 2024-25.

The treasurer had been painting a pretty grim picture for the economy in the immediate future and the budget backed up his comments.

A forecast global downturn, mixed with rising inflation and the pressure on the federal government to provide disaster payments in the wake of the floods, are all going to weigh heavily on the economy.

The budget papers show GDP growth falling by a quarter of a percentage point, to 3.25 per cent, this financial year and then falling again to 1.5 per cent next year.

Thanks to sky-high commodity prices and surging inflation, the budget bottom line will improve by $40 billion.

"Our economy is expected to grow solidly this financial year, by three and a quarter per cent, before slowing to one and a half per cent growth for 2023-24, a full percentage point lower than what was forecast in March," Treasurer Jim Chalmers said.

But, at the end of the day, the broader long-term economic outlook for the budget's bottom line remains gloomy.

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Sophia Gold Member Offline Posts: 8506	Re: Federal budget 2022: Winners and Losers. Reply #3 - Oct 25^th, 2022 at 9:05pm Electricity will rise by 20% next year… followed by another 30% thereafter. Just when we were on solar panels to lower electricity cost… now it’s going up no matter what. Off grid next? It’s about $25,000 - $45,000 for average 4 br home But when it’s winter time here… not much sun….
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Bobby.

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Re: Federal budget 2022: Winners and Losers.
Reply #4 - Oct 25^th, 2022 at 9:11pm

Sophia wrote on Oct 25^th, 2022 at 9:05pm:

Electricity will rise by 20% next year… followed by another 30% thereafter.

Just when we were on solar panels to lower electricity cost… now it’s going up no matter what.
Off grid next? It’s about $25,000 - $45,000 for average 4 br home
But when it’s winter time here… not much sun…. Undecided

It will take forever to recoup your costs and
the batteries don't last forever. Undecided

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Sophia

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Re: Federal budget 2022: Winners and Losers.
Reply #5 - Oct 25^th, 2022 at 9:26pm

Bobby. wrote on Oct 25^th, 2022 at 9:11pm:

Sophia wrote on Oct 25^th, 2022 at 9:05pm:

Electricity will rise by 20% next year… followed by another 30% thereafter.

Just when we were on solar panels to lower electricity cost… now it’s going up no matter what.
Off grid next? It’s about $25,000 - $45,000 for average 4 br home
But when it’s winter time here… not much sun…. Undecided

It will take forever to recoup your costs and
the batteries don't last forever. Undecided

Yes I was just working it out… if a household has an average electric bill of $1500 pa it would take over 16 years to pay of $25,000 before it saves.
And then there’s the batteries!

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Yadda Gold Member Offline Posts: 21786 A cat with a view	Re: Federal budget 2022: Winners and Losers. Reply #6 - Oct 25^th, 2022 at 9:35pm IMAGE..... Don't you reckon that if Treasurer Jim Chalmers was tinted, he could almost pass for a Rishi Sunak doppelganger ?
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Sophia Gold Member Offline Posts: 8506	Re: Federal budget 2022: Winners and Losers. Reply #7 - Oct 25^th, 2022 at 9:38pm Yadda wrote on Oct 25^th, 2022 at 9:35pm: IMAGE..... https://globalnews24.eu/wp-content/uploads/2022/10/Analysing-Treasurer-Jim-Chalm... Don't you reckon that if Treasurer Jim Chalmers was tinted, he could almost pass for a Rishi Sunak doppelganger ? Oh dear Yadda
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Captain Nemo Gold Member Offline Australian Politics Posts: 10385 Melbourne Gender:	Re: Federal budget 2022: Winners and Losers. Reply #8 - Oct 25^th, 2022 at 11:35pm "Meh"
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Bobby.

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Re: Federal budget 2022: Winners and Losers.
Reply #9 - Oct 26^th, 2022 at 10:34am

Sophia wrote on Oct 25^th, 2022 at 9:26pm:

Bobby. wrote on Oct 25^th, 2022 at 9:11pm:

Sophia wrote on Oct 25^th, 2022 at 9:05pm:

Electricity will rise by 20% next year… followed by another 30% thereafter.

Just when we were on solar panels to lower electricity cost… now it’s going up no matter what.
Off grid next? It’s about $25,000 - $45,000 for average 4 br home
But when it’s winter time here… not much sun…. Undecided

It will take forever to recoup your costs and
the batteries don't last forever. Undecided

Yes I was just working it out… if a household has an average electric bill of $1500 pa it would take over 16 years to pay of $25,000 before it saves.
And then there’s the batteries!

Yes - the batteries will be lucky to work for 10 years and
they can cause massive fires.
I'd stay away from such systems.

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Lisa Jones

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Re: Federal budget 2022: Winners and Losers.
Reply #10 - Oct 26^th, 2022 at 11:27am

AusGeoff wrote on Oct 25^th, 2022 at 8:33pm:

An easily accessible breakdown of the Federal government's budget from the ABC.
The winners, the losers, and the neutral recipients.

Here's where it plans to spend its money and where it plans to rein things in.

Good link there. Thanks 👌

Dear God Labor is absolutely hopeless!

The following lose out 😳🥺☹️

The Economy

Workers

Health Care

Aged Care

Essentially these 2 generations of Australians ie Gen X and Gen Y have been sacrificed!

As per usual Labor will NOT stay in power for long.

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« Last Edit: Oct 26^th, 2022 at 11:33am by Lisa Jones »

If I let myself be bought then I am no longer free.

HYPATIA - Greek philosopher, mathematician and astronomer (370 - 415)

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Jovial Monk Gold Member Offline Dogs not cats! Posts: 47305 Gender:	Re: Federal budget 2022: Winners and Losers. Reply #11 - Oct 26^th, 2022 at 11:28am I will get solar panels and.a couple wind generators—for night and for winter. Will look for free firewood too.
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Lisa Jones

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Re: Federal budget 2022: Winners and Losers.
Reply #12 - Oct 26^th, 2022 at 11:42am

Lisa Jones wrote on Oct 26^th, 2022 at 11:27am:

AusGeoff wrote on Oct 25^th, 2022 at 8:33pm:

An easily accessible breakdown of the Federal government's budget from the ABC.
The winners, the losers, and the neutral recipients.

Here's where it plans to spend its money and where it plans to rein things in.

Good link there. Thanks 👌

Dear God Labor is absolutely hopeless!

The following lose out 😳🥺☹️

The Economy

Workers

Health Care

Aged Care

Essentially these 2 generations of Australians ie Gen X and Gen Y have been sacrificed!

As per usual Labor will NOT stay in power for long.

Ok I'm gonna have a vent!

I can't believe Labor expects Gen X AND Gen Y to carry the extra burden of taking care of Australia's baby boomers by giving up their marriages and careers (and opportunity to earn an income to pay off huge mortgages) to become in home carers of elderly and frail baby boomers who cannot access aged care assistance as the system is bankrupt! The results of the Royal Commission which Labor relied on in order to bag the Liberals with ..has been ignored by Labor.

Meantime the freaking ABC is a winner in this Labor Budget! Pffft! Wrong priorities!

It's just terrible to see ANY government put a TV station above vulnerable Australians! Terrible!

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If I let myself be bought then I am no longer free.

HYPATIA - Greek philosopher, mathematician and astronomer (370 - 415)

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Bobby. Gold Member Offline Australian Politics Posts: 105369 Melbourne Gender:	Re: Federal budget 2022: Winners and Losers. Reply #13 - Oct 26^th, 2022 at 11:56am Jim Chalmers is on TV now at the national press club. Inflation has hit 7.3% - it's all the money printing - Labor is gunna print more.
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Captain Nemo Gold Member Offline Australian Politics Posts: 10385 Melbourne Gender:	Re: Federal budget 2022: Winners and Losers. Reply #14 - Oct 26^th, 2022 at 12:16pm I voted Labor and I feel violated. "Your electricity bills will drop by $275 if you vote for us." "Everything is going up except real wages." "We have a plan to tackle the cost of living pressures."
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