Tag #Budget

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theguardian.com

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Mar 26, 07:13

Inadequate Jobseeker Payment Leaves Single Mother Homeless

A single mother in regional NSW is struggling to provide for her three children on a $718 per fortnight jobseeker payment, highlighting the inadequacy of the current rate amidst rising living costs and limited job opportunities.

Inadequate Jobseeker Payment Leaves Single Mother Homeless

A single mother in regional NSW is struggling to provide for her three children on a $718 per fortnight jobseeker payment, highlighting the inadequacy of the current rate amidst rising living costs and limited job opportunities.

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What long-term societal impacts can be expected if the jobseeker payment remains insufficient to meet the cost of living?

The continued inadequacy of the jobseeker payment, despite rising inflation, will likely lead to a further increase in homelessness and poverty among vulnerable families. Without adjustments to reflect the cost of living, the existing inequalities faced by families in rural areas are set to worsen. This highlights the need for proactive government intervention and policy changes to prevent this looming humanitarian crisis.

dailymail.co.uk

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Mar 25, 13:11

Australia Announces $33 Billion Housing Plan Amidst Immigration Cuts

The Australian government announced a $33 billion plan to build 1.2 million homes by 2029 to combat a housing crisis affecting renters and first-home buyers, alongside plans to halve immigration levels from recent record highs to 260,000 by 2025-26.

Australia Announces $33 Billion Housing Plan Amidst Immigration Cuts

The Australian government announced a $33 billion plan to build 1.2 million homes by 2029 to combat a housing crisis affecting renters and first-home buyers, alongside plans to halve immigration levels from recent record highs to 260,000 by 2025-26.

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Sustainable Cities and Communities

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How is high immigration contributing to the housing crisis, and what are the government's plans to mitigate this impact?

High immigration, particularly of international students, is exacerbating the rental market squeeze. The government acknowledges the problem, linking insufficient housing supply to affordability issues and aiming to increase home ownership among young Australians. Despite a record number of departures, net migration remains high.

jpost.com

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Mar 24, 16:10

NIS 4.9 Billion Approved for Gaza Border Community Rehabilitation

The Knesset approved NIS 4.9 billion for rehabilitating Gaza border communities, designating it a national priority zone, including additional funding and assurances against 2025 budget cuts, but local leaders emphasized that hostage return is crucial for true recovery.

NIS 4.9 Billion Approved for Gaza Border Community Rehabilitation

The Knesset approved NIS 4.9 billion for rehabilitating Gaza border communities, designating it a national priority zone, including additional funding and assurances against 2025 budget cuts, but local leaders emphasized that hostage return is crucial for true recovery.

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How does the bill address community involvement and long-term recovery planning?

This large-scale rehabilitation project addresses the needs of Gaza border communities, following negotiations with government ministries, the Tekuma Administration, and civil society. The bill ensures community involvement and establishes a long-term framework for rebuilding, aiming for a thriving community.

nrc.nl

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Mar 24, 22:09

Volt's Vote Decides Fate of Dutch Development Budget

The Dutch Senate's vote on the Foreign Trade and Development Cooperation budget was decided by Volt's two votes, who supported a motion to maintain a spending norm while opposing the budget, ultimately leading to the budget's approval.

Volt's Vote Decides Fate of Dutch Development Budget

The Dutch Senate's vote on the Foreign Trade and Development Cooperation budget was decided by Volt's two votes, who supported a motion to maintain a spending norm while opposing the budget, ultimately leading to the budget's approval.

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What immediate impact did Volt's decision have on the Dutch Senate's vote concerning the Foreign Trade and Development Cooperation budget?

Volt, a two-member party in the Dutch Senate, faced a dilemma regarding the Foreign Trade and Development Cooperation budget. Their vote could decide whether the budget passed, impacting significant spending cuts proposed by the minister. The party's internal conflict stemmed from supporting a motion to maintain a spending norm while opposing the budget itself.

smh.com.au

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Mar 23, 01:11

Australia's "Pocket Money Politics": Handouts Fuel Inflation and Risk Long-Term Economic Instability

An overwhelming 83% of Australians support increased government spending to combat cost-of-living pressures, despite acknowledging it fuels inflation, creating a politically entrenched cycle of handouts that risks long-term economic instability due to tax churn and a growing public service sector.

Australia's "Pocket Money Politics": Handouts Fuel Inflation and Risk Long-Term Economic Instability

An overwhelming 83% of Australians support increased government spending to combat cost-of-living pressures, despite acknowledging it fuels inflation, creating a politically entrenched cycle of handouts that risks long-term economic instability due to tax churn and a growing public service sector.

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How does the phenomenon of "tax churn" impact Australia's economic efficiency and resource allocation?

The phenomenon of "tax churn" further exacerbates the problem. The government collects taxes, then returns a portion through services and handouts, incurring costs in the process. This reduces the overall wealth available and increases the public service sector's size, potentially compromising future affordability.

zeit.de

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Mar 23, 07:10

Brandenburg Budget: Cuts and Debt to Address Revenue Shortfall

Brandenburg's double budget for 2024-2025 will include cuts and new debt due to reduced tax revenue; the €700 million reserve will be used to cover the shortfall, while there will be no job cuts, but some areas will see budget freezes; the police force will be an exception, increasing to 9000 positi...

Brandenburg Budget: Cuts and Debt to Address Revenue Shortfall

Brandenburg's double budget for 2024-2025 will include cuts and new debt due to reduced tax revenue; the €700 million reserve will be used to cover the shortfall, while there will be no job cuts, but some areas will see budget freezes; the police force will be an exception, increasing to 9000 positi...

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How will the Brandenburg government balance the need for budget cuts with the maintenance of essential public services?

The Brandenburg budget reflects the state's response to decreased tax revenue caused by the economic crisis. To address this shortfall, the government plans to utilize the state's reserve fund and incur new debt while maintaining current service levels in most sectors. Exceptions include increased police staffing to reach a target of 9,000 positions and federally mandated increases for housing allowances.

welt.de

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Mar 26, 07:13

Thuringian Parliament to Vote on Hundreds of Millions in Budget Amendments

The Thuringian state parliament's budget committee will vote on Thursday on roughly 700 proposed amendments to the state budget, primarily from the new CDU/BSW/SPD coalition, totaling hundreds of millions of euros, including a €155 million municipal package; a projected €220 million deficit remains ...

Thuringian Parliament to Vote on Hundreds of Millions in Budget Amendments

The Thuringian state parliament's budget committee will vote on Thursday on roughly 700 proposed amendments to the state budget, primarily from the new CDU/BSW/SPD coalition, totaling hundreds of millions of euros, including a €155 million municipal package; a projected €220 million deficit remains ...

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What are the key changes proposed by the new Thuringian coalition in the state budget, and what are the immediate financial implications?

The Thuringian state parliament's budget committee faces a marathon voting session on Thursday, deciding on amendments to the state budget. Approximately 700 amendments, totaling hundreds of millions of euros, have been submitted, mostly by the new CDU/BSW/SPD coalition, revising the previous administration's proposal. A key element is a €155 million municipal package including funds for small municipalities, district social services, fire departments, and school/sports investments.

elpais.com

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Mar 25, 10:12

Spanish Government Faces Budget Impasse Amidst Internal Divisions

Amidst internal divisions, the Spanish government faces difficulty in presenting the 2025 budget due to disagreements over military spending and the minimum wage, with a potential budget extension looming and raising concerns about economic planning and policy implementation.

Spanish Government Faces Budget Impasse Amidst Internal Divisions

Amidst internal divisions, the Spanish government faces difficulty in presenting the 2025 budget due to disagreements over military spending and the minimum wage, with a potential budget extension looming and raising concerns about economic planning and policy implementation.

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What are the immediate consequences of the Spanish government's potential failure to present a 2025 budget?

Sumar", a Spanish political party, is urging the government to attempt to present a budget for 2025, despite internal disagreements within the ruling coalition. The socialist party is hesitant, raising concerns about potential parliamentary rejection. A new budget extension is likely.

taz.de

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Mar 24, 19:14

German "Soli" Tax Ruling to Impact Budget and Coalition Talks

Germany's Constitutional Court will decide Wednesday on the "Soli" tax, potentially creating a double-digit billion-euro hole in the budget and impacting coalition negotiations already strained by disagreements over tax policies and the future of the Deutschlandticket.

German "Soli" Tax Ruling to Impact Budget and Coalition Talks

Germany's Constitutional Court will decide Wednesday on the "Soli" tax, potentially creating a double-digit billion-euro hole in the budget and impacting coalition negotiations already strained by disagreements over tax policies and the future of the Deutschlandticket.

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How do differing viewpoints on tax policies, particularly concerning the "Soli" and corporate tax cuts, complicate the coalition talks between the Union and SPD parties?

The "Soli," initially introduced to finance East German reconstruction, now affects only high earners and corporations. A court ruling ordering its abolishment and repayment since 2021 would create a significant financial gap, further complicating coalition talks already strained by disagreements on migration and tax policies. The FDP's lawsuit against the remaining "Soli" adds to the uncertainty.

smh.com.au

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Mar 24, 10:11

Call to Cancel Melbourne Suburban Rail Loop Amid Funding Concerns

Opposition Leader Brad Battin is urging Premier Jacinta Allan to cancel contracts for Melbourne's \$34.5 billion Suburban Rail Loop, citing an Infrastructure Australia report expressing low confidence in its costings and funding methods, with the report suggesting no further federal funding beyond t...

Call to Cancel Melbourne Suburban Rail Loop Amid Funding Concerns

Opposition Leader Brad Battin is urging Premier Jacinta Allan to cancel contracts for Melbourne's \$34.5 billion Suburban Rail Loop, citing an Infrastructure Australia report expressing low confidence in its costings and funding methods, with the report suggesting no further federal funding beyond t...

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What are the immediate consequences of cancelling Melbourne's Suburban Rail Loop contracts, and how will this impact the Victorian economy?

Opposition Leader Brad Battin calls for the immediate cancellation of contracts for Melbourne's Suburban Rail Loop, citing concerns about cost and funding, as highlighted in a recent Infrastructure Australia report. The report expresses low confidence in the project's financial viability and recommends against further federal funding beyond the already allocated \$2.2 billion. This action follows the Coalition's previous call for a project pause.

smh.com.au

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Mar 23, 22:11

Sydney Metro Rail Projects Face \$566 Million Cost Overrun

Construction costs for Sydney's Metro West and Sydney Airport metro lines have increased by \$566 million, due to factors including additional tunnel cross passages and unforeseen excavation challenges, raising concerns about project budgets and funding for future transport initiatives.

Sydney Metro Rail Projects Face \$566 Million Cost Overrun

Construction costs for Sydney's Metro West and Sydney Airport metro lines have increased by \$566 million, due to factors including additional tunnel cross passages and unforeseen excavation challenges, raising concerns about project budgets and funding for future transport initiatives.

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Industry, Innovation, and Infrastructure

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How do these cost increases impact the NSW government's broader transport infrastructure plans and funding priorities?

The cost overruns highlight the financial pressures on NSW government infrastructure projects. The additional \$353 million for Metro West tunneling and \$123 million for the airport line contract underscore challenges in accurately predicting costs for large-scale underground works. Concerns have been raised about the potential impact on funding for other transport initiatives, given a 34 percent reduction in transport investment.

foxnews.com

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Mar 22, 10:10

Florida Returns Nearly $900 Million in Federal Funds

Florida Governor Ron DeSantis announced the return of \$878,112,000 in federal funds to the U.S. Treasury, citing ideological differences with the Biden administration and crediting a meeting with Elon Musk and the Department of Government Efficiency (DOGE) for facilitating the return.

Florida Returns Nearly $900 Million in Federal Funds

Florida Governor Ron DeSantis announced the return of \$878,112,000 in federal funds to the U.S. Treasury, citing ideological differences with the Biden administration and crediting a meeting with Elon Musk and the Department of Government Efficiency (DOGE) for facilitating the return.

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What is the significance of Florida returning nearly \$900 million in federal funds, and what immediate impacts does this have?

Florida returned \$878,112,000 in federal funds due to ideological disagreements with the Biden administration. Governor DeSantis credits a meeting with Elon Musk and the Department of Government Efficiency (DOGE) for facilitating the return. This action is intended to reduce government spending and promote fiscal conservatism.

Showing 25 to 36 of 453 results