.JoshFrydenberg will be “taking with one hand and giving with the other” in his forthcoming budget announcement by offsetting cuts to JobKeeper and Jobseeker, according to The Herald Sun’s Terry McCrann.
Josh Frydenberg will be “taking with one hand and giving with the other” in his forthcoming budget announcement by offsetting cuts to JobKeeper and Jobseeker, according to The Herald Sun’s Terry McCrann. “He has to be sophisticated in the way he does it, and I think he will be,” Mr McCrann told Sky News. The treasurer is planning on focussing on stimulating the economy in his budget announcement, a plan designed to get people back into the workforce through tax cuts and infrastructure spending.
Mr McCrann said the treasurer on the one hand will be “stimulating by bringing forward the tax cuts” most likely a corporate tax cut, but he will also be winding back the JobSeeker and Jobkeeper payments. “So he’s taking with one hand and giving with the other. He needs to be much more focussed where that stimulus goes,” he said. “And obviously, trying to directly build things in increasing infrastructure spending.
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