2019 Budget: Almost half a $billion in Hume infrastructure this year

Wednesday, 03 April 2019

The 2019 Budget will deliver almost half a billion dollars in infrastructure spending for Hume in the 2019-20 financial year.

Federal Member for Hume Angus Taylor said tax relief, infrastructure investment and funding for essential services was only possible because of the strong economy.

“Hume taxpayers are going to see tax cuts, increased investments in infrastructure and strong investment in those services that count - in health, education and disability services,” Mr Taylor said.

“This is all made possible because we’ve got a strong Budget position, a strong economy and strong jobs growth.

“A strong economy funds strong services and investment. We’ve got one of the lowest unemployment rates in the country in Hume and we’ve seen 1.2 million jobs created in the last six years across Australia. That’s put us in a position where we’ve got a strong Budget and we can pay for these services.

“The Budget is delivering tax cuts for almost 70,000 taxpayers in Hume. This cut applies to income this financial year.

“Almost 30,000 residents of Hume are receiving the full tax offset of over $1000. That means money in the pockets for the people of Hume to support our economy and to grow businesses.

“We’ll also see 17 and a half thousand small and medium sized businesses benefit from our instant asset write-off.

“This allows small businesses to immediately write off equipment, up to the value of $30,000. It means if a deli buys a fridge or a café buys a piece of equipment, or a farmer buys some fencing gear, they can write it off straight away and this boosts the economy and it boosts their business.

We’ll see 17 and a half thousand businesses benefit from that.

“We’re also seeing record infrastructure funding. This year alone in the electorate of Hume we’ll see almost half a billion dollars invested in infrastructure, including over $17 million on the Appin Road, $370 million on The Northern Road.

“Increased Roads to Recovery funding is coming for all local councils across Hume and this is really important for regional areas.

“There is a very strong focus on regional Australia from this Government – whether it’s extending our Mobile Black Spot Program, our Stronger Communities program, roads, bridges and heavy vehicle funding programs, or the drought funding support – the focus on regional communities and regional infrastructure is very strong and these are crucial investments for our growing region.

“All of this is possible because we have run our budget carefully and it’s put us in a position where we can make the investments that really matter to the local area.”

Caption: “Almost 30,000 residents of Hume will receive the full tax offset of over $1000. That means money in the pockets for the people of Hume.” Angus Taylor MP

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