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On Tuesday at 7.30pm Josh Frydenberg will hand down the federal budget His focus is on supporting the economy to recover from Covid-19 pandemic Treasurer also set to announce axing of threshold for employers to pay super Means workers do not need to earn $450 a month before employers contribute Worker on $400 a month is $450 better off within a year of change being made
Working parents, average income earners and Aussies with relatives in aged care are set to be big winners from Tuesday's federal budget. Treasurer Josh Frydenberg will deliver his second budget speech in six months at 7.30pm on Tuesday as he aims to rebuild the economy after the coronavirus pandemic. Mr Frydenberg has already promised more big spending next financial year, with Deloitte predicting a budget deficit of $87 billion, a figure well below this year's estimated $167 billion shortfall. 'We won't be undertaking any sharp pivots towards austerity. We want more people in jobs and in be...
Industry warns governmentâs AI cash splash is way short Save Share The governmentâs plan to put a rocket under the nationâs artificial intelligence sector with a $124 million investment over six years, is way short of the amount of funding needed and pales in comparison to commitments made in other competing nations, industry insiders have warned. Prime Minister Scott Morrison announced the plans on Thursday, ahead of Tuesdayâs federal budget, as part of a broader digital economy package. AIIA chief Ron Gauci said the governmentâs planned AI investment is at least $12...
iTWire Friday, 07 May 2021 14:45 Australian Government invests $1.2 billion to secure digital future Shares This year’s Federal Budget includes a $1.2 billion investment for Australia’s digital future. The Digital Economy Strategy targets investment in emerging technologies, building digital skills, business investments, and enhancing Government service delivery. The Morrison Government is investing almost $1.2 billion in Australia’s digital future through the Digital Economy Strategy, as part of this year’s Federal Budget. The strategy outlines the policies and actions...
A modern digital economy to secure Australia's future Thursday, 06 May 2021 Share this The Morrison Government is investing almost $1.2 billion in Australia’s digital future through the Digital Economy Strategy, as part of this year’s Federal Budget. The strategy outlines the policies and actions the Government is taking to grow Australia’s future as a modern and leading digital economy by 2030. Prime Minister Scott Morrison said one of our biggest challenges and opportunities turns on how we respond to the digital transformation occurring in every sector and every facet...