{"id":3324,"date":"2019-04-04T08:54:39","date_gmt":"2019-04-03T21:54:39","guid":{"rendered":"http:\/\/yinghuiinternational.com\/?p=3324"},"modified":"2020-07-14T09:40:47","modified_gmt":"2020-07-13T23:40:47","slug":"budget-2019-whats-in-it-for-you","status":"publish","type":"post","link":"https:\/\/yinghuiinternational.com\/index.php\/2019\/04\/04\/budget-2019-whats-in-it-for-you\/","title":{"rendered":"BUDGET 2019:  WHAT\u2019S IN IT FOR YOU?"},"content":{"rendered":"\n<figure class=\"wp-block-table\"><table><tbody><tr><td> This is a dream country to live in.&nbsp; <br> We  have no wars.&nbsp;There is political stability, strong economic growth,  plenty of jobs, a government with a skills and  future science and technology agenda and a gradual lowering of taxes.  There is money in the budget for medical and genomic research,  improvements in education funding including targeting more women and  girls in STEM subjects and areas of high demand. There  will be an emergency fund for natural disasters, drought and flood  support and tax relief for small businesses.&nbsp;We can all look forward to  driving on safer roads with a huge infrastructure investment in both  congested city as well as rural areas, complemented  with immediate plans for fast trains. There is a government plan to  ensure that contractors and small business are paid on time. Residential  eating disorders treatment centres will be established throughout the  county.&nbsp;There will be additional aged care packages  and important life-saving medicines will be added to the PBS.&nbsp;&nbsp;The  budget includes large sums to protect the environment and security  funding to protect our people. <br><strong>BUSINESS OWNERS<\/strong> <br>Instant write-offs increasing from $25,000 &#8211; $30,000 per asset basis for $50 turnover.Lower taxesHuge Investment in infrastructure enabling better transport of goods and services and for people to get to workCreation of more jobsAdditional training of apprentices in key occupations (80,000 new apprenticeships)$8,000 incentive payment per placement to employ apprenticesA new fund with access to financeExport Market Development GrantsCuts to R &amp; D (Research and Development) tax incentivesSME (small &amp; medium enterprises) tax cuts to 25% over 4 yearsMinimization of bracket creep from 2924Greater superannuation flexibility for retirees &nbsp; <br><strong>PERSONAL<\/strong> <br>Immediate Income tax cuts up to $1,080 per personFuture tax reductionsSuperannuation changesEnergy support for those on income support $75 per personNo pension increasesNo increase for those on unemployment benefitsAdditional home care packages for aged careFunds to improve travel times within cities$2,000 incentive payment to new apprentices upon employment.<\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>This is a dream country to live in.&nbsp; We have no wars.&nbsp;There is political stability, strong economic growth, plenty of jobs, a government with a skills and future science and technology agenda and a gradual lowering of taxes. There is money in the budget for medical and genomic research, improvements in education funding including targeting &hellip; <a href=\"https:\/\/yinghuiinternational.com\/index.php\/2019\/04\/04\/budget-2019-whats-in-it-for-you\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;BUDGET 2019:  WHAT\u2019S IN IT FOR YOU?&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[180],"tags":[],"class_list":["post-3324","post","type-post","status-publish","format-standard","hentry","category-go-australia"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p83F9T-RC","jetpack-related-posts":[{"id":1370,"url":"https:\/\/yinghuiinternational.com\/index.php\/2016\/05\/04\/how-the-federal-budget-affects-mining\/","url_meta":{"origin":3324,"position":0},"title":"How the Federal Budget affects mining","author":"yinghui","date":"May 4, 2016","format":false,"excerpt":"With the release of the latest Federal Budget there have been fewer changes than expected, with small business and middle income tax payers the big winners, but how will it affect the mining sector? The outlook, broadly for the industry, isn\u2019t overly favourable with mining investment expected to fall by\u2026","rel":"","context":"In &quot;Mines and Quarry&quot;","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"budget-550x270","src":"https:\/\/i0.wp.com\/www.bnmme.com.au\/wp-content\/uploads\/2016\/05\/budget-550x270.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.bnmme.com.au\/wp-content\/uploads\/2016\/05\/budget-550x270.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/www.bnmme.com.au\/wp-content\/uploads\/2016\/05\/budget-550x270.jpg?resize=525%2C300 1.5x"},"classes":[]},{"id":1631,"url":"https:\/\/yinghuiinternational.com\/index.php\/2016\/07\/11\/sa-state-budget-released-major-focus-on-resource-sector\/","url_meta":{"origin":3324,"position":1},"title":"SA state budget released: major focus on resource sector","author":"yinghui","date":"July 11, 2016","format":false,"excerpt":"The South Australian Chamber of Mines and Energy (SACOME) has welcomed the South Australian state budget\u2019s major priority on the resources sector. Treasurer and mines minister Tom Koutsantonis reiterated the importance of the resources sector in SA as the 2014\/15 figures showed the minerals and petroleum sector contributed $6.38 billion\u2026","rel":"","context":"In &quot;Iron and Steel Industry&quot;","block_context":{"text":"Iron and Steel Industry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/iron-and-steel-industry\/"},"img":{"alt_text":"onesteel-whyalla.jpg","src":"https:\/\/i0.wp.com\/d9lhxyivbnow1.cloudfront.net\/wp-content\/uploads\/2016\/04\/30114709\/onesteel-whyalla-604x270.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/d9lhxyivbnow1.cloudfront.net\/wp-content\/uploads\/2016\/04\/30114709\/onesteel-whyalla-604x270.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/d9lhxyivbnow1.cloudfront.net\/wp-content\/uploads\/2016\/04\/30114709\/onesteel-whyalla-604x270.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":2606,"url":"https:\/\/yinghuiinternational.com\/index.php\/2018\/02\/02\/malcolm-turnbull-says-2018-will-be-a-year-of-rewards-including-tax-cuts\/","url_meta":{"origin":3324,"position":2},"title":"Malcolm Turnbull says 2018 will be a year of \u201crewards\u201d \u2014 including tax cuts","author":"yinghui","date":"February 2, 2018","format":false,"excerpt":"By\u00a0Michelle Grattan,\u00a0University of Canberra Prime Minister Malcolm Turnbull will hold out the prospect of 2018 as a year of \u201crewards\u201d after 2016 and 2017 were \u201cthe years of reform\u201d, in a scene-setting speech delivered in the regional Queensland city of Toowoomba on Thursday. Two days after Opposition Leader Bill Shorten\u2026","rel":"","context":"In &quot;2018\u5e74\u8d8b\u52bf\u9884\u6d4b&quot;","block_context":{"text":"2018\u5e74\u8d8b\u52bf\u9884\u6d4b","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/2018\/"},"img":{"alt_text":"Malcolm Turnbull","src":"https:\/\/i0.wp.com\/d1qmaht3zz5w6f.cloudfront.net\/uploads\/2016\/02\/turnbull.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/d1qmaht3zz5w6f.cloudfront.net\/uploads\/2016\/02\/turnbull.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/d1qmaht3zz5w6f.cloudfront.net\/uploads\/2016\/02\/turnbull.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":2996,"url":"https:\/\/yinghuiinternational.com\/index.php\/2018\/05\/09\/federal-budget-2018-24b-for-new-infrastructure-projects\/","url_meta":{"origin":3324,"position":3},"title":"Federal budget 2018: $24B for new infrastructure projects","author":"yinghui","date":"May 9, 2018","format":false,"excerpt":"The federal government handed down its 2018-19 budget this week and $24 billion has been earmarked for infrastructure projects. The big spend on infrastructure is forecasted provide four-fold benefit to the economy, i.e. \u00a0\u00a0every dollar the government invests will deliver a $4 return to the economy. This $24 billion allocation\u2026","rel":"","context":"In &quot;2018\u5e74\u8d8b\u52bf\u9884\u6d4b&quot;","block_context":{"text":"2018\u5e74\u8d8b\u52bf\u9884\u6d4b","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/2018\/"},"img":{"alt_text":"image","src":"https:\/\/i0.wp.com\/www.insideconstruction.com.au\/w-images\/3cda2f13-3001-4203-afe4-61cd45d26a10\/2\/calculator-670x300.jpeg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.insideconstruction.com.au\/w-images\/3cda2f13-3001-4203-afe4-61cd45d26a10\/2\/calculator-670x300.jpeg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.insideconstruction.com.au\/w-images\/3cda2f13-3001-4203-afe4-61cd45d26a10\/2\/calculator-670x300.jpeg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":3103,"url":"https:\/\/yinghuiinternational.com\/index.php\/2018\/07\/04\/six-government-grants-for-businesses-that-you-might-not-know-about\/","url_meta":{"origin":3324,"position":4},"title":"Six government grants for businesses that you might not know about","author":"yinghui","date":"July 4, 2018","format":false,"excerpt":"For business owners and entrepreneurs, grants and investment from the Australian government can be a godsend, and popular local grants such as the Entrepreneurs\u2019 Programme and CSIRO\u2019s KickStart are likely already familiar to company founders. But beyond the five most common startup grants exists a world of grant programs, with\u2026","rel":"","context":"In &quot;Go Australia (\u8d70\u8fdb\u6fb3\u6d32)&quot;","block_context":{"text":"Go Australia (\u8d70\u8fdb\u6fb3\u6d32)","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/go-australia\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8435,"url":"https:\/\/yinghuiinternational.com\/index.php\/2023\/09\/20\/nsw-budget-puts-mining-in-the-spotlight\/","url_meta":{"origin":3324,"position":5},"title":"NSW Budget puts mining in the spotlight","author":"yinghui","date":"September 20, 2023","format":false,"excerpt":"ALEXANDRA EASTWOOD The 2023-24 NSW Budget has been released, reflecting the Government\u2019s commitment to the mining and resources sector. The\u00a0Budget\u00a0includes $5.2 million to establish Future Jobs and Investment Authorities. This will also assist coal-producing regions to develop new industries and economic opportunities as the state pushes for renewable energy. Geological\u2026","rel":"","context":"In &quot;Go Australia (\u8d70\u8fdb\u6fb3\u6d32)&quot;","block_context":{"text":"Go Australia (\u8d70\u8fdb\u6fb3\u6d32)","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/go-australia\/"},"img":{"alt_text":"NSW Treasurer Matt Kean will unveil requirements which force coal companies to reserve 10 per cent of their output exclusively for domestic use.","src":"https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2022\/02\/shutterstock_1176092938-1024x681.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2022\/02\/shutterstock_1176092938-1024x681.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2022\/02\/shutterstock_1176092938-1024x681.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2022\/02\/shutterstock_1176092938-1024x681.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/3324","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/comments?post=3324"}],"version-history":[{"count":2,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/3324\/revisions"}],"predecessor-version":[{"id":7928,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/3324\/revisions\/7928"}],"wp:attachment":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/media?parent=3324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/categories?post=3324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/tags?post=3324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}