What the Budget means for Hasluck #1

The Hon Ken Wyatt MP, Federal Member for Hasluck says the Turnbull Government is making the right choices to ensure our nation’s remarkable economic growth story continues, so we can secure better days ahead for hard-working Australians in Hasluck.

“This Budget delivers fairness, opportunity and security.  We are helping hardworking Australians in Hasluck with a plan for more and better jobs, by securing the essentials they rely on and by easing cost of living pressures” said the Member for Hasluck.

 

The Turnbull Government is taking measures to grow the economy and create new jobs:

 

Delivering Tax Relief for Small Business

“In this Budget we are extending the incredibly popular Instant Asset Write-Off for local small businesses” said Mr Wyatt.

Mr Wyatt said there are 13,980 small businesses in Hasluck that can take advantage of this measure.

The Government are delivering Small and Medium Business Tax cuts, benefiting 3.2 million small and medium businesses that employ 6.5 million Australians. This will help the 14,522 Hasluck businesses with turnovers up to $50 million if they are incorporated, and up to $5 million if they are unincorporated, invest and employ more Australians.

 

Record Investment in Australian Apprentices

We are creating a fund to help train Australian Apprentices in key trades and skills to get more young Australians into work and helping businesses to grow.

“This extra investment will help the approximately 1,200 local young Australians aged 15-24 who are looking for job or looking for more work in Hasluck” said Mr Wyatt.

 

Extra support for Working Parents

From 1 July 2018, the Australian Government will invest $263 million over four years to expand the ParentsNext pre-employment program. This expansion will help more parents of young children, who may be at risk of long term welfare dependency, to plan and prepare for employment by the time their children are at school.

 

Securing more Australian Jobs

By abolishing 457 visas, the Government will make sure that Australians get Australian jobs and more apprentices are trained to fill skill gaps.