Tags » Federal Budget

Congressional Cowards Strike Again

While we were all laughing or crying, depending on your ideology, about the first presidential debate…..and debating who won that “fart fest”…… the Congress did something spectacular…….they passed a budget! 276 more words

Government

Provincial health ministers angry over federal plan to cut health transfers

OTTAWA – Nova Scotia Health Minister Leo Glavine is joining a chorus of criticism against a federal Liberal plan to cut the current rate of increase in health transfers to the provinces by half next year. 129 more words

Canada

Little discretion for discretionary spending 🤑 We have gotten ourselves into debt on auto pilot🤑

Not since Harry Truman will a new leader en­ter of­fice with a higher debt-to-GDP ra­tio. And for the first time in decades, the new pres­ident will face the specter of widen­ing deficits de­spite a grow­ing economy…

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Government

Christian Porter flags replacing family benefits with tax breaks

Sarah Martin   The Australian  24 Sept 2016

Social Services Minister Christian Porter has flagged replacing family welfare payments with direct tax breaks when technology improves, saying the current system has “deep structural inefficiencies” that must be addressed. 770 more words

Wealth Building

More than 2000 medicine brands to drop in price

Minister for Health and Aged Care Sussan Ley today announced that from October 1 2016, one-in-three medicine brands on the Pharmaceutical Benefits Scheme (PBS) would be cheaper for some consumers by as much as $20 per script per medicine – or more than $200 per year. 485 more words

Retirement

Housing a risk, but Australia won’t have a recession for years

By Alan Kohler  The Australian  September 17, 2016

It will be almost impossible for Australia to have a recession for at least five years, probably 10; it means the run of 25 recession-free years will extend to at least 30, possibly 40. 921 more words

Federal Budget

FBT Fact Sheet

THE REAL IMPACT OF THE RUDD GOVERNMENT’S MOTOR VEHICLE REFORMS

Figures consolidated and released today from ASPIA (Australian Salary Packaging Industry Association) confirm that the costings behind the Rudd Government’s proposed motor vehicle reforms are flawed and have been collated without any consultation. 840 more words

Salary Packaging