Capital Monitor

Capital Monitor provides immediate parliamentary, political, legislative, regulatory & judicial news & information to our subscribers.

[LexisNexis Australia @LexisNexisAUS]

Short on time and want a quick recap on what the Federal Budget 2024 - 2025 has in-store for you?

See our snapshot report here: 🔗https://t.co/CNQv7jq4Kb

#federalbudget #capitalmonitor #australiangovernment #budget2024

@capitalmonitor

[Reserve Bank of Australia @RBAInfo]

At its meeting today, the Board decided to leave the cash rate target unchanged at 4.10 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.00 per cent. https://t.co/PMgbQhqclx

[LexisNexis Australia @LexisNexisAUS]

A higher proportion of women than men now hold Bachelor’s degrees, and gendered pay discrepancies, superannuation holdings and workforce participation differences have decreased.

#LexisNexisAU #budget2023 #auslaw

[LexisNexis Australia @LexisNexisAUS]

Women remain underrepresented on ASX200 boards and spend, on average, over an hour more per day than men on unpaid domestic work.

#LexisNexisAU #budget2023 #auslaw

[LexisNexis Australia @LexisNexisAUS]

Social security and welfare comprise 36.6% of spending in this Budget, with significant contributions to health, education and defence.

#LexisNexisAU #budget2023 #auslaw

[LexisNexis Australia @LexisNexisAUS]

Alterations to the PRRT in the 2023-2024 Budget will introduce a minimum tax of 10 per cent by limiting the amount of assessable income to 90%.

#LexisNexisAU #budget2023 #auslaw

[LexisNexis Australia @LexisNexisAUS]

In line with international practices, the Federal Government will begin to issue green bonds from 2023-2024, to support positive climate outcomes.

#LexisNexisAU #budget2023 #auslaw

[LexisNexis Australia @LexisNexisAUS]

The Budget commits to a 15 per cent increase in aged care worker wages to benefit more than 250,000 workers.

#LexisNexisAU #budget2023 #auslaw

[LexisNexis Australia @LexisNexisAUS]

The underlying cash balance has had the largest fiscal improvement on record, with a $125.9 billion increase over 5 years to 2026-2027.

#LexisNexisAU #budget2023 #auslaw

[LexisNexis Australia @LexisNexisAUS]

Australia is well positioned to navigate inflation challenges to the economy with unemployment low, commodity prices high and wages growing.

#LexisNexisAU #budget2023 #auslaw

[LexisNexis Australia @LexisNexisAUS]

The Budget forecasts a small surplus for 2022-23, and funds priority areas in cost of living, Medicare, aged care, the NDIS and industry.

#LexisNexisAU #budget2023 #auslaw

[LexisNexis Australia @LexisNexisAUS]

Budget broadens opportunity through a $589.3m investment to tackle violence against women and children and invests in place-based programs to support disadvantaged and Indigenous communities.

#LexisNexisAU #budget2023 #auslaw

[LexisNexis Australia @LexisNexisAUS]

The Budget lays the foundation for future economic growth with a $4b investment in renewable energy, $500m for industrial capabilities expansion and support for vocational training and small businesses.

#LexisNexisAU #budget2023 #auslaw

[LexisNexis Australia @LexisNexisAUS]

The Fed Govt has committed $101b to health this Budget, including a tripling of bulk billing incentives for certain groups, the largest increase to the incentive in the history of Medicare.

#LexisNexisAU #budget2023 #auslaw

[LexisNexis Australia @LexisNexisAUS]

Cost of living relief features in the Budget, with power bill relief, investments in GPs and medicines, increased income payment support, affordable housing measures and commitments to wage growth.

#LexisNexisAU #budget2023 #auslaw

[LexisNexis Australia @LexisNexisAUS]

The Budget balances immediate challenges of cost of living and our fiscal position with future investments in healthcare, industry, renewable energy and broadening opportunities.
@capitalmonitor

#LexisNexisAU #budget2023 #auslaw

[ACOSS @ACOSS]

The Albanese Government has a clear opportunity, based on advice of experts and people experiencing poverty. This May there must be a meaningful increase to JobSeeker and other income support payments - to at least $76 a day (1/3) #auspol #RaiseTheRate

[Amy Remeikis @AmyRemeikis]

A few big decisions for Liberal party members/branches to make, with more to come given Scott Morrison and Stuart Robert are also rumoured to announce their respective retirements from federal politics.

[ACMA @acmadotgov]

Media release: Kayo breaches gambling advertising rules https://t.co/hsJREC9vpz

[AGD AU @agdgovau]

Today is Mabo Day and the 30th anniversary of @HighCourtofAus's decision to overturn the doctrine of terra nullius. Ruling in favour of Eddie Mabo and his fellow plaintiffs recognised native title rights and interests held by the Meriam people to the Mer, Dauer and Waier Islands.