Coalition unveils $31 billion in cuts to climate and housing programs to fund tax cuts

Coalition unveils $31 billion in cuts to climate and housing programs to fund tax cuts

Opposition Leader Angus Taylor and Shadow Treasurer Tim Wilson have unveiled Parliamentary Budget Office costings outlining thirty-one point three billion dollars in federal savings over four years. The proposal cuts climate agencies, off-budget housing funds, manufacturing subsidies, and non-citizen welfare access to fund indexation of personal income tax brackets. Also covered: Australian Federal Police record nearly eight hundred threats against politicians as parliamentary security reviews accelerate; National Australia Bank slashes twenty-five hundred jobs while youth unemployment climbs; and Foodbank Australia finds one in three households experienced food insecurity over the past year.

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Show notes

The Coalition plans thirty-one billion dollars in cuts, targeting climate initiatives, green manufacturing, and housing programs.

Federal politicians faced nearly eight hundred security threats over the last six months alone.

National Australia Bank is eliminating twenty-five hundred roles globally, with hundreds of cuts before Christmas.

Youth unemployment reached eleven point one per cent as overall joblessness climbed to four point seven per cent.

One in three Australian households suffered food insecurity over the past twelve months.

In this episode
  1. 01Intro1 min
  2. 02Coalition unveils $31 billion in cuts to climate and housing programs to fund tax cuts: Fiscal Framework and Proposed Reductions3 min
  3. 03Coalition unveils $31 billion in cuts to climate and housing programs to fund tax cuts: Political Clash and Economic Fallout2 min
  4. 04Nearly 800 threats against MPs in six months as security review is fast-tracked1 min
  5. 05NAB to cut 2,500 jobs as youth unemployment hits 11.1% and budget outlook darkens1 min
  6. 06Where things stand1 min
  7. 07One in three Australian households went hungry in the past year, Foodbank finds2 min
  8. 08Outro1 min
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Coalition unveils $31 billion in cuts to climate and housing programs to fund tax cuts — Fylom