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Subscriber only A major cash splash on an iconic project is a key outcome of the Federal Government s 2021 Budget for Rockhampton residents. An extra $7.5m has been earmarked for Rookwood Weir as part of a $98m injection over three years under the National Water Grid Fund, formerly known as the National Water Infrastructure Development Fund. This brings total project funding to $183.6m for the Weir. Rockhampton residents will benefit from a pre-Budget announcement of $400m for the Bruce Highway, from Rockhampton to Gladstone and Mackay to Proserpine, covering floodproofing, safety improvements and reducing congestion. The Budget papers did not show any specific allocations for the Peak Downs Highway.
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IPSWICH and Gatton missed out on scoring big-ticket items in the Federal Government’s annual Budget today.
Specific funding allocations for projects across regional Queensland were thin on the ground in Treasurer Josh Frydenberg’s billion-dollar spending spree today, with our region one of many to not rate a mention.
There were hopes money would be set aside for the Springfield-Ipswich trainline and public transport corridor, the North Ipswich Reserve upgrade and a new commitment on the much-needed upgrade of the Cunningham Hwy Yamanto-Ebenezer Creek.
None of these projects were flagged by the Treasurer, but our region should benefit from broader funding pledges including:
Federal Budget 2021: How it impacts Mackay dailymercury.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymercury.com.au Daily Mail and Mail on Sunday newspapers.
Liberal Party of Australia
Securing Australia’s recovery
Australia is coming back.
Doctors and nurses on the front line.
Teachers and students in the virtual classroom.
Businesses, big and small, keeping the economy moving.
‘Team Australia’ at its best.
A nation to be proud of.
We have come so far since the height of the pandemic.
Treasury feared unemployment could reach 15 per cent and the economy contract by more than 20 per cent.
This would have meant 2 million Australians unemployed.
It would have been the equivalent of losing the agriculture, construction, and mining sectors.
Mr. Speaker, today the reality is very different.
Australia s low and middle income earners will get almost $8billion back from the government after a key tax break was extended.
As expected, the 2021/22 federal budget has retained a number of tax relief measures to support Australia s economic recovery.
The Low and Middle Income Tax Offset, accessed after tax returns are filed, will be available for another financial year at a cost of $7.8billion.
Australia s low and middle income earners will get almost $8billion back from the government after a key tax break was extended
The decision is expected to benefit more than 10million people and is worth up to $1,080 for individuals and $2,160 for dual income couples.