Brisbane Indian Times May 2012 issue

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Wayne Swan delivers budget

FAMILIES will benefit from a surprise package of boosts to handouts and welfare payments that will help cushion household budgets in the lead-up to the 2013 election. The Treasurer has risked the wrath of businesses by shelving cuts to company tax funded by the mining tax but attempted to shift the blame to Tony Abbott for refusing

to support the measures in Parliament. Mr Swan has vowed to spread the benefits of the mining boom by funnelling cash into low and middle-income earners to give them "a stake in that prosperity". As Julia Gillard comes under pressure to turn around the ongoing slump in Labor's support, her Government has turned to its

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traditional base with a series of handouts aimed at parents, jobseekers and students. The election year handouts will come on top of promised tax cuts and welfare boosts designed to limit the impact of the carbon tax. Continued page 6

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Brisbane Indian Times May 2012 issue by Australian Indian Times - Issuu