The Australian treasurer has announced a big spending budget to help get the country back on track.
The government has announced more than $53 billion in new stimulus payments and funding for key services.
Here’s what you need to know
International borders are likely to remain shut for at least 12-months.
The Treasurer promised $8 billion in new tax cuts for low and middle income earners and more than $20bn in further tax breaks for small businesses.
Mr Frydenberg released an 81-page women’s budget statement, featuring $1.1bn for women’s safety, a $1.7bn investment in childcare and $350m for health and wellbeing measures.
The treasurer says the economy is recovering.
‘Australia’s economic engine is roaring back to life’
As a share of the economy, net debt is around half of that in the United Kingdom and United States and less than a third of that in Japan.
“We are better placed than nearly any other country to meet the economic challenges that lie ahead”
tHE TREASURER SAYS.
The Treasurer says that Consumer sentiment is at its highest in 11 years.
“Business conditions reached record highs. And more Australians are in work than ever before.”
Australia is now well on the road to recovery.#Budget2021 secures our recovery and sets Australia up for the future.
Similarly, Australian politician and former industrial lawyer who is the leader of the Australian Greens and federal MP for Melbourne has shared his response on twitter to the government stating the budget ‘invests in the people’.
There’s tax cuts for billionaires and handouts to big corporations, but wages will *go backwards* for the next two years and job seekers are stuck in poverty.
This is a bad Budget from a trickle-down Treasurer.
Australians have endured eight long years of flat wages, insecure work and skyrocketing cost of living under the Liberals and Nationals – and this Budget does nothing to change that.
Ticker News is now available on Xumo TV and Xfinity, bringing new era of accessibility
Ticker is thrilled to announce a major milestone for Ticker News: we are now available for streaming across the United States on Comcast’s major platforms, Xumo TV and Xfinity.
The development places Ticker News in the company of industry giants like CNN, Fox News, and MSNBC, marking a significant leap forward in our mission to deliver quality news to a wider audience.
With a combined reach of 50 million active users per month, Xumo TV and Xfinity offer an opportunity for Ticker News to expand viewership.
The achievement is particularly special with Ticker’s fifth anniversary on air on August 19.
“Getting Ticker News on these platforms was no small feat,” says Ticker Founder and CEO Ahron Young.
“It took nearly two years of intense negotiations and overcoming various technical challenges. But the journey underscores the resilience and determination of our team, proving that persistence pays off. We are immensely proud of what we have accomplished together,” Ahron says.
Being available on Xumo TV and Xfinity significantly enhances our already robust distribution network.
These platforms provide Ticker with the ability to reach millions of new viewers, further solidifying our presence in the competitive news landscape.
“Our commitment to expanding our reach and improving accessibility remains stronger than ever,” says TIcker’s Global Marketing Director, Kane Ricca.
Looking Ahead
As Ticker celebrates this exciting moment, the media company remains focused on its mission to provide accurate, timely, and engaging news to our audience.
“We are grateful for the ongoing support of our hosts, staff, investors, and viewers. Every moment counts at Ticker, and together, we are building something truly special,” says Ahron.
Vice President Kamala Harris met with Israeli Prime Minister Benjamin Netanyahu to discuss the humanitarian crisis in Gaza and a cease-fire agreement.
Vice President Kamala Harris highlighted the nature of the discussion describing it as a “frank and constructive”meeting with Israeli Prime Minister Benjamin Netanyahu at the White House.
Harris expressed her concerns about the humanitarian situation in Gaza.
She stressed the need to finalise a cease-fire deal.
Harris described the past nine months in Gaza as devastating.
She urged that the tragedies in Gaza should not be ignored. #trending