Road and rail users $18 billion for new road and rail projects.
Defence industries $15 billion for an east coast submarine base, an upgrade to the Henderson naval shipyard in WA and other defence projects.
Cyber spies $9.9 billion over 10 years for the Australian Signals Directorate to create 1900 jobs and expand cyber and intelligence capabilities, in a package called REDSPICE.
NDIS users Spending on the National Disability Insurance Scheme has grown $40 billion over the forward estimates and will overtake spending on defence in 2024-25.
Motorists $5.6 billion to cut fuel excise by 22¢ a litre for six months until September 28 this year to reduce the burden of global higher oil prices due to Russia’s invasion of Ukraine. $126,000 a year $4.1 billion for a one-off increase to the tax offset for low and middleincome earners to a maximum of $1500 for singles and $3000 for couples.
Pension, welfare recipients $1.5 billion for a one-off $250 payment for 6 million people to ease cost of living pressures. The payments will go to welfare recipients, veterans and concession cardholders in April.
Small business $1 billion over four years so small businesses can claim 120 per cent of the cost of laptops, cloud computing and other services to help them go digital. Another $550 million will cover 120 per cent of the cost of any external staff training course.
Apprentices $2.4 billion over four years for a revamped apprentice scheme.
Women $1.3 billion over six years to reduce domestic and sexual violence against women, plus $107 million over five years to promote women in leadership including $37 million for support women in trades.
Academics $2.2 billion over five years for the commercialisation of university research.
Indigenous rangers $636 million over six years to employ 1089 rangers in remote regions.
Country broadband users $480 million over six years for a million households in regional and remote areas for access to higher speed broadband.
Cystic fibrosis sufferers $475 million over four years to make the drug Trikafta available from April for people with cystic fibrosis aged 12 years and older.
WA cancer sufferers $375 million over four years to create a new cancer facility in Perth.
Parents $346 million over five years to improve the flexibility of parental leave for working parents to share as they see fit.
Tourism operators $146 million over three years to support the recovery of the tourism industry, including $76 million for travel agents and $63 million for marketing.
Farmers $100 million over the forward estimates for tax breaks on carbon credits for abatement and biodiversity stewardship, and $13 million to expand ‘‘patent box’’ rules to support farm innovation.
Koalas $53 million over five years to support the recovery and conservation of koala habitats.
Disadvantaged young people $53 million over five years for a pre-employment program to help 5000 people aged 15 to 24.
Self-funded retirees $50 million for a one-year extension of the lower rate at which they must draw down on superannuation.
Gas producers $50 million over two years to support seven priority infrastructure projects along the east coast, Northern Territory and South Australia.
Aged care workers $48.5 million over two years to subsidise 15,000 training places for new and existing sector workers.
Low emissions technology $30 million over four years for corporate tax breaks for commercialising technologies that lower emissions.
First home buyers $138 million over seven years to allow more first home buyers to find a property with a smaller deposit and without needing to pay mortgage insurance.
Start-ups Will be able to offer staff huge incentives after employee share scheme fix.
This article is general information only and does not take your personal circumstances into account. It is not financial, tax, or legal advice. Please speak with your AMCO adviser before acting on anything discussed here.
