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The Budget And The Stock Market


The Budget And The Stock Market
May 13 2021
The FY22 Budget continues the transition from crisis support to growth recovery and imbeds active policy support into key areas like aged care, and child care, plus a timely extension for tax incentives that allow current activity momentum to be sustained.
-Far more than expected additional fiscal stimulus of $96bn over 5 years
-Brokers believe conservative assumptions leave door open for further upgrades at mid-year
-Budget 2021 assumes a further delay to re-opening of the international border until mid-22
-Some policy initiatives – that add to the demand for housing – deemed inappropriate for the economic cycle ....

Josh Frydenberg , Ramsay Health Care , Australian National Aged Care Classification , Estia Health , Treasurer Josh Frydenberg , Mid Year Economic , Fiscal Outlook , Pre Election Economics , Middle Income Tax Offset , Harvey Norman , Basic Daily Fee , Japara Healthcare , Regis Healthcare , ராம்சே ஆரோக்கியம் பராமரிப்பு , ஆஸ்திரேலிய தேசிய வயதேறிய பராமரிப்பு வகைப்பாடு , எஸ்டியா ஆரோக்கியம் , நடுவில் ஆண்டு பொருளாதார , நிதி ஔட்‌லுக் , நடுத்தர வருமானம் வரி ஆஃப்செட் , ஹார்வி நார்மன் , அடிப்படை தினசரி கட்டணம் , ஜபாரா சுகாதாரம் , ரெஜிஸ் சுகாதாரம் ,

$1.4b aged care budget shortfall revealed


Politics
by Sue Dunlevy
Premium Content
Subscriber only
Tens of thousands of older people who need help to stay at home will miss out because a budget funding increase is $1.4 billion short of what is required.
The revelation came as aged care providers, nurses and pensioners welcomed the record $17.7 billion funding injection for aged care but agreed it was not enough to fix the neglect of our elderly.
A detailed analysis by the Combined Pensioners and Superannuants Association reveals the 100,000-long waiting list for home care packages won t be eliminated by extra funding in the budget.
The government s own data shows in December there were 96,859 people waiting for a home care package but the budget will fund only 40,000 new places next financial year and a further 40,000 places from July 2022. ....

Ian Henshke , Sean Davey , Sean Rooney , Linda Reynolds , Annie Butler , Paul Versteege , Ian Yates , Gerard Hayes , Richard Colbeck , Care Royal Commission , Midwifery Federation , Health Services Union , Australian National Aged Care Classification , Royal Commission , National Senior , News Corp , Health Department , Department Of Health , Health Minster Greg Hunt , Superannuant Association , Fair Work Commission , Combined Pensioners , Care Minister Richard , Home Care Package , Aged Care Collaboration , Aged Care Royal Commission ,