Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Politics

Cheaper medicines and HECS cuts prioritised by Albanese

Albanese government to push for $25 PBS medicines and HECS cuts amid tax debate in parliament’s second week

Published

on

Albanese government to push for $25 PBS medicines and HECS cuts amid tax debate in parliament’s second week

video
play-sharp-fill
In Short:
– Albanese government plans to reduce PBS medicine prices to $25, saving users $200 million annually.
– Business Council proposes 18.5% R&D tax credit to boost economic productivity amidst upcoming tax reform discussions.
The Albanese government is set to introduce legislation aimed at lowering the price of PBS medicines to $25 when parliament resumes.
According to ABC News, this move, alongside the passage of HECS loan cuts, reflects their focus on cost-of-living measures.Banner

The $25 price point, effective next year, is expected to reduce user costs by $200 million annually.

The previous $7.70 cost for pension and concession card holders will remain unchanged until 2030.

Both the government and opposition seem aligned on these healthcare reforms, with Labor also facing questions regarding future policies at an upcoming economic roundtable.

Policy Proposals

The Business Council has proposed enhanced tax credits for research and development, with a flat-rate incentive suggested at 18.5%.

The council advocates that increased R&D spending is pivotal for economic productivity and innovation.

Furthermore, discussions at the roundtable are expected to cover various tax reforms, including reconsideration of company tax to foster entrepreneurship. The Coalition, meanwhile, is anticipated to oppose new tax hikes while grappled with internal debates on climate targets.


Download the Ticker app

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

Politics

Sussan Ley faces leadership pressure amid coalition turmoil

Sussan Ley faces rising pressure as Liberal Party dissent grows; political stability at risk, per Chris Berg.

Published

on

Sussan Ley faces rising pressure as Liberal Party dissent grows; political stability at risk, per Chris Berg.


Liberal leader Sussan Ley is under growing pressure less than a year into her role, as internal party dissent intensifies and narratives form questioning her judgement. Political insiders suggest her leadership could face serious challenges in the coming months.

Professor Chris Berg from RMIT University breaks down the forces driving instability in Australian politics, examining how party dynamics and public perception influence leadership survival.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#SussanLey #AustralianPolitics #LiberalParty #LeadershipCrisis #PoliticalAnalysis #ChrisBerg #RMITUniversity #TickerNews


Download the Ticker app

Continue Reading

Politics

Liberal Party turmoil sparks coalition decline and One Nation surge

The Liberal Party faces internal crisis as One Nation gains support; political experts discuss implications and necessary reforms.

Published

on

The Liberal Party faces internal crisis as One Nation gains support; political experts discuss implications and necessary reforms.


The Liberal Party is in crisis as internal conflicts and controversies shake the Coalition’s stability. Political analysts warn that these events could have long-lasting effects on Australia’s political landscape.

One Nation is seizing the moment, gaining momentum as voter confidence in the Liberals weakens. The party’s leadership struggles and public perception challenges highlight a growing political shift in the country.

Professor Chris Berg from RMIT University joins Ticker to explain the drama, public reactions, and lessons the Liberal Party must learn to restore unity and prevent further decline.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#LiberalParty #AustralianPolitics #CoalitionCollapse #OneNationRise #PoliticalTurmoil #ElectionWatch #PartyDrama #LeadershipCrisis


Download the Ticker app

Continue Reading

Politics

Sussan Ley vows to stay on as Coalition tensions escalate

Sussan Ley remains confident as Liberal leader, focusing on accountability while leaving the door open for Coalition talks.

Published

on

Sussan Ley remains confident as Liberal leader, focusing on accountability while leaving the door open for Coalition talks.


Sussan Ley says she has the backing to remain Liberal leader despite the Nationals refusing to rejoin the Coalition under her leadership.

She insists her focus is on holding the government to account while keeping the door open for future talks.


Download the Ticker app

Continue Reading

Trending Now