Per Capita fantasy budget

Per Capita fantasy budget

We released our own fantasy budget that called for a number of more progressive measures and ended up cost-neutral (if you can’t get behind the paywall, it’s reproduced here in full).

How did we stack up against the real thing?

We called for:

  • more progressive income tax scales
  • raising the rate of Newstart by $50 per week
  • trialling a job guarantee scheme
  • limiting negative gearing
  • increasing education funding
  • introducing a carbon tax and divided system
The treasurer:

  • radically flattened the tax scales
  • refuses to consider raising Newstart and plans to raise additional money from welfare recipients by extending data matching activities and increasing the time migrants must wait for welfare benefits
  • made no mention of climate change or renewable energy policy