Hasluck Budget boost to strengthen economy, make life easier

Hasluck Budget boost to strengthen economy, make life easier

The Turnbull Government’s plan to build a stronger economy, provide tax relief and invest in infrastructure and aged care through the 2018 Budget will deliver major benefits for local residents and Western Australia, the Member for Hasluck, Ken Wyatt AM, said today.

Joining Deputy Prime Minister Julie Bishop at the site of the planned Tonkin Highway/Welshpool Road interchange project, Mr Wyatt said the $420 million in infrastructure projects earmarked for Hasluck would help save lives, reduce congestion and lift business efficiency.

The interchange project is part of the Turnbull Government’s $3.2 billion infrastructure package for Western Australia.

“This interchange is a key project for Hasluck,” said Mr Wyatt. “Along with railway works and other priority interchanges, this is going to make life easier for local people and businesses, making driving safer and allowing people to spend more time to with their families.”

Hasluck projects include:

·         $183 million for the Hale, Welshpool and Kelvin Road interchanges on Tonkin Highway

·         $144 million for the Roe Highway-Great Eastern Highway Bypass Interchange

·         $83 million towards the relocation of Midland Railway Station

·         $10 million to develop the Eastlink WA Orange Route project business case

Mr Wyatt said the Turnbull Government’s plan to deliver lower, fairer and simpler taxes would encourage and reward working local people and back businesses to invest and create more jobs. 

“Our tax relief plan will help more than 63,000 Hasluck taxpayers, as we work to reduce cost pressures on household budgets,” said Mr Wyatt.

“Through our new tax offset, for example, a local professional earning $75,000 will have an extra $530 in their pocket from the Budget year onwards and an extra $3,740 over the first seven years of the tax plan.

“More than 1,000 local small businesses will benefit, too, with the $20,000 instant asset write-off continuing for another year.

“This is on top of legislated tax cuts for small and medium businesses that are helping them to grow, create more jobs and pay higher wages.”

Mr Wyatt said that, as Minister for Aged Care, he was especially proud of the $5 billion Budget commitment to aged care.

“The More Choices for a Longer Life plan will help the more than 21,000 Hasluck locals aged 65 and over live healthier and more connected lives, with increased financial and skills support and a major aged care expansion,” said Mr Wyatt.

“The plan is to support older people to remain in their own homes for as long as they want to, so they can have more fulfilling and rewarding lives, more fun and stay better engaged with local families and communities.”

The number of home aged care packages will rise from 84,000 to 151,000 over the next four years supporting the expansion of local home care, while nationally, more than 14,000 residential care beds will be allocated this year, on top of 6,000 recently rolled out.

“The More Choices For A Longer Life package aims to get local people planning their future, with career, finance and health checks at 45 and 65 years of age,” Mr Wyatt said.

“We will provide up to $10,000 in Restart wage subsidies for employers taking on staff aged 50 and over, and the Skills and Training incentive will provide up to $2,000 to fund up-skilling opportunities for mature aged workers.

“We are also increasing the Pension Work Bonus to allow age pensioners to earn up to $300 per fortnight, without affecting their pensions and, for the first time, this exemption will be extended to self-employed people.”

People over 65 will be encouraged to get active, with local sporting groups set to share in more than $22 million in grants to deliver new programs for older Australians.

“For people living in residential aged care, there is a record $107 million investment in mental health support for older Australians,” Mr Wyatt said.

“I’m also encouraging local Hasluck organisations to apply for a share in over $46 million in funding to combat loneliness, through the expansion of the successful Community Visitors Scheme.