Delivering for Australia

FIXING THE BUDGET

Last year, for the first time in 11 years, the Budget was returned to balance.

By contrast Labor racked up six record deficits totaling $240 billion. Labor has not delivered a surplus since 1989.

MORE JOBS

More than 1.5 million more Australians are in jobs since September 2013. More than 55% of these have been full time jobs.

Since September 2013, over 868,000 more women have found jobs (over 55% of the total jobs created in this time).

LESS WELFARE DEPENDENCY

The rate of welfare dependency is now the lowest it has been in 30 years.

The percentage of working age Australians on welfare has fallen from 16.5% under Labor to 13.5% (June 2019).

The Liberal and Nationals Government has seen the number of people on income support decrease by 333,000 in five years (between June 2014 and June 2019).

Over this same period the working age population has increased by almost 1,000,000 people.

INCOME TAX RELIEF

We’re making income taxes lower, fairer and simpler.

Our legislated tax relief plan means that from 2018-19 around 4.5 million Australians are getting tax relief of $1,080 per year. Over 10 million taxpayers are getting some tax relief.

When our plan is fully implemented, 94% of taxpayers will pay no more than 30 cents in the dollar.

SMALL BUSINESS TAX RELIEF

Tax relief has been delivered for 3.4 million businesses employing over 7 million Australians.

The tax rate for businesses with a turnover less than $50 million has already been reduced from 30% to 27.5%. We are further reducing this to 25%.

For unincorporated businesses with a turnover less than $5 million, we have introduced a tax discount of 8% (capped at $1,000), and have legislated a further increase to 16%.

We fast tracked this tax relief so the full benefit is delivered by 2021-22 – five years earlier than planned.

INSTANT ASSET WRITE OFF

Small and medium sized businesses can invest in new equipment and machinery worth up to $30,000 and write it off.

370,000 businesses have already taken advantage of the instant asset write off.

LESS RED TAPE

Compliance costs have been reduced for businesses, individuals and community groups by $6 billion since 2013.

This includes simplified Business Activity Statements, a Small Business Superannuation Clearing House and thousands of other decisions that are making life easier.

MORE AFFORDABLE ENERGY

Electricity prices doubled under Labor, but we have begun to turn the corner. Australian Bureau of Statistics figures show that in the 12 months to December 2019 average national electricity prices fell by 3.5%.

A number of new measures are putting downward pressure on power prices, including: a price safety net to protect customers; legislation to stop energy companies ripping off customers; and a technology neutral program to underwrite new reliable generation.

CLIMATE ACTION

Australia is on track to beat our 2020 emissions target by 411 million tonnes.

Emissions are lower now than in 2013, when the Coalition came into Government.

Emissions are over 12% lower than in 2005.

We have mapped out how we will meet our 2030 targets with our $3.5 billion Climate Solutions Plan.

INVESTING IN RENEWABLES

Last year (2019) Australia’s investment (per person) in renewable energy was greater than the United States, Japan and the United Kingdom, and more than triple the per capita investment of Germany, China, France and Denmark.

We’re investing in Snowy 2.0 and Tasmania’s Battery of the Nation – the largest pumped hydro projects in the southern hemisphere. They will generate enough power for around one million homes.

Australia is a world leader in solar, with nearly one in four households having solar panels on their roof.

RECYCLING PLASTIC WASTE

We're banning the export of waste plastic, paper, glass and tyres and working with the states and territories to build capability in our domestic recycling industry.

RECORD INFRASTRUCTURE INVESTMENT

A record $100 billion will be invested over the decade in highway upgrades, congestion busting roads, rail projects, inland rail, improved local roads, commuter car parking and a new airport.

This includes more than 900 major transport projects, of which more than 330 have been completed, more than 130 are under construction, and a further 400 are in planning.

MORE EXPORTS

We have delivered trade agreements with China, Japan, Korea, Peru and the Trans-Pacific Partnership. We have signed the Pacific Agreement on Closer Economic Relations and concluded negotiations with Indonesia and Hong Kong.

Australia’s exports have grown from $306 billion in 2012-13 to $470 billion in 2018-19.

Australia posted a record yearly trade surplus of $49.9 billion for the 2018-19 financial year – more than three times larger than the previous record.

Australia has recorded 24 consecutive monthly trade surpluses - for the first time in our history.

Australia now has a current account surplus for the first time since 1975.

SUPPORTING FARMERS

The Government is backing our farmers with payments to support drought affected farmers, small businesses and communities and a $5 billion Future Drought Fund.

We are investing in 21 water infrastructure projects – including dams, weirs and pipelines.

This will improve the resilience and preparedness of rural and regional communities.

We've also passed legislation to protect farmers from activists who trespass on their land.

BUSHFIRE RECOVERY

An initial $2 billion investment will help to: get farmers back on their feet; rebuild roads and telecommunications; support mental health; attract tourists; support small businesses; protect wildlife; and restore local environments. This is on top of disaster relief payments.

TACKLING UNION LAWLESSNESS

The Australian Building and Construction Commission has been restored to protect over 1.1 million workers and around 380,000 small businesses from CFMMEU lawlessness. It has also recovered over $1.6 million of workers’ unpaid wages.

Corrupt and secret payments have been banned between businesses and unions.

We took action to protect the livelihoods of around 35,000 owner operator truck drivers from Labor’s so called road safety remuneration tribunal.

We’ve introduced legislation to give courts more appropriate power to deregister law-breaking unions and officials.

We’ve also introduced legislation to make sure that money paid by businesses into worker entitlement funds is only used for the workers’ benefit, and cannot be syphoned out of them to enrich the mates of those running the funds.

SCIENCE AND TECHNOLOGY DEVELOPMENT

New jobs and economic opportunities are being created through the Australian Space Agency, the $20 billion Medical Research Future Fund and an additional $1.9 billion for national research infrastructure.

The Government is also working to position Australia as a leading digital economy by 2030, including by implementing the Consumer Data Right, completing the rollout of the NBN and supporting deployment of 5G.

PROTECTING OUR DEMOCRACY

We’ve ensured that, when foreign governments try to influence our democratic processes, Australians can find out about it via an online transparency register.

We’ve given our espionage and foreign interference laws their biggest overhaul in 100 years, so that our security agencies are equipped with the tools they need to keep Australia safe from malicious foreign actors.

SECURE BORDERS

We stopped the boats. After 50,000 illegal arrivals in 800 boats under Labor, Australia’s borders are now secure.

19 detention centres have been closed, saving the Budget billions.

FIGHTING TERROR

17 major terrorist plots have been thwarted. A total of 102 people have been charged as a result of 47 counter-terrorism operations in Australia since September 2014.

The Government is boosting our security agencies. We’ve introduced tougher anti-terror laws and have revoked the Australian citizenship of dual nationals who engage in terrorism.

We’re also holding social media companies to account for terrorist and violent material shared online.

DEPORTING CRIMINALS

The Government has cancelled the visas of over 5,000 dangerous criminals – including murderers, rapists, child sex offenders, armed robbers and drug dealers.

New laws toughening the character test will further protect the community from non-citizens convicted of violent crimes.

TACKLING SCOURGE OF ICE

The ABF has seized over 19 tonnes of illicit drugs and precursors at the border since July 2018. We are providing record funding for law enforcement and the treatment of those impacted by the scourge of drugs.

A STRONGER DEFENCE FORCE

We are undertaking the largest build-up of our capability in peacetime history to provide the weapons, vehicles, ships, systems and aircraft to defend our nation and interests.

Our $90 billion shipbuilding program will see 57 vessels built in Australia. Labor did not commission a single naval vessel to be built in Australia during their six years in office.

SUPPORTING OUR PACIFIC NEIGHBOURS

Our new $2 billion Australian Infrastructure Financing Facility for the Pacific is supporting vital infrastructure in Pacific island countries and Timor-Leste.

KEEPING WOMEN SAFE

We are investing a record $340 million with the clear objective to prevent violence before it happens, as well as support Australians affected by domestic violence. This includes funding to improve and build on frontline services to keep women and children safe.

KEEPING CHILDREN SAFE

Over $100 million is being invested in online safety, with new tools for parents and schools to tackle cyberbullying and support kids through the eSafety Commissioner.

We’ve also introduced tough new laws to protect children from online predators and are pursuing laws to ensure paedophiles spend longer in jail.

MORE AFFORDABLE CHILD CARE

The New Child Care Package is benefitting nearly 1 million families. We abolished the $7,613 annual cap per child (for family incomes of $188,163 or less) and introduced a new Child Care Subsidy.

A typical family is around $1,300 better off per child per year and, according to the ABS, out of pocket costs for families are 4.2% lower (as at December 2019, compared to June 2018).

MORE SCHOOLS FUNDING

The Government is providing $314 billion to schools over the decade to 2029 - an average of 63% increase in per student funding. This includes an extra $39 billion for schools (compared to the 2016-17 Budget settings).

BETTER HEALTH CARE

We are increasing funding from $13.3 billion in 2012-13 to $23.6 billion in 2020-21 (a 78% increase).

136.5 million GP visits in 2018-19 were bulk billed – compared to 105.8 million GP visits bulk billed in Labor’s last year, 2012-13. The bulk billing rate has increased from 82% under Labor to 86%.

Reforms to private health insurance have made it easier to understand and more affordable.

IMMUNISATIONS

Since the start of 2018, all 12 and 13 year-olds had access to the human papillomavirus (HPV) vaccine, Gardasil9, that protects against more types of HPV infection, which can lead to cervical and other cancers.

Every pregnant woman can now get a vaccine against whooping cough.

More than 94% of Australian children are immunised – the highest rate on record.

AFFORDABLE MEDICINES

We have listed over 2,300 new and amended items, worth $10.9 billion, on the Pharmaceutical Benefits Scheme.

This helps people suffering from conditions such as cancer, heart disease, epilepsy, spinal muscular atrophy and severe asthma.

In some cases, medicines worth hundreds of thousands of dollars are now available for $6.60 (pensioners/concessional patients) or $41.00 (general patients) per script.

From 1 January 2020, approximately 1.6 million concessional patients and 129,000 general patients will be able to reach the PBS safety net sooner and reduce their out-of-pocket health costs by $80 per year (for concessional patients), and up to $100 per year (for other patients).

By contrast Labor stopped listing a number of important medicines – because they couldn’t manage the budget.

SUPPORTING SENIORS

We’ve cut deeming rates. This means a boost to pension and welfare payments for around 1 million Australians.

We’re also helping to boost retirement incomes by expanding the Pension Loans Scheme.We are also enabling: people on the Age Pension to keep more of what they earn; more older Australians to contribute more to superannuation; and recent retirees to make further super contributions.

We are providing greater choice for older Australians to remain in their homes longer by delivering more Home Care Packages.

NDIS

The NDIS will support around 500,000 Australians over the next five years.

Last year, funding for the NDIS doubled. Seven states and territories have now signed on to full scheme agreements.

WELFARE TO WORK

We believe the best form of welfare is a job. Work for the Dole has been reinvigorated with almost 69,000 participants this year.

Cashless welfare cards are being trialled in four locations. These trials have been shown to reduce binge drinking, gambling and illegal drug use.

We are working to trial drug testing to help identify those with substance abuse issues and helping them to address these issues in order to gain employment.

RESTRICTING GAMBLING ADS

Gambling ads have been removed during televised live sports between 5:00am and 8.30pm.

SAME SEX MARRIAGE

All Australians had the opportunity to have a say on same sex marriage, which is now law.

Information accurate as at February 2020