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Message from the PM:
Building a Strong and Prosperous Economy
In a little over two weeks, the
Treasurer will hand down the Budget.
It’s the first Budget for this Government and it is
part of our Economic Action Strategy.
It will be a Budget of long-term structural reform and it will be a Budget that
keeps our commitments.
The Government will make a range
of decisions which are important for Australia’s long-term economic strength,
because the most fundamental commitment that we gave at the election was to
build a strong and prosperous economy for a safe and secure Australia.
In this Budget, we will strengthen the economy so that families have more
jobs, lower power bills and overtime more opportunities to get ahead.
The abolition of the carbon tax will
save the typical family $550 a year.
The Budget will also deal with Labor’s legacy of debt and deficit,
stretching out as far as the eye can see.
Under the previous government,
Australia ran up the five largest deficits in our history. They also left a projected $123 billion in
future deficits and $667 billion in accumulated debt.
Already the interest bill on
Labor’s debt is more than $10 billion each and every year. That’s dead money. Wasted money.
It’s money that could be better used on services and helping families
and pensioners to get ahead.
This Government understands that
you can’t fix the economy without fixing the Budget. Equally, we
understand that when you strengthen the economy, you strengthen the Budget.
So this Budget will regain control of our nation’s finances - so that all
Australians can have confidence in their economic future. |
