You won't believe what's in the Budget.
Nation First looks into the 2024/25 Australian Federal Budget
Dear friend,
The Australian Federal Treasurer Jim Chalmers released the 2024/25 annual federal budget last night.
Behind all of the hype, hoopla and propaganda, there’s some curious and downright unpleasant things hidden within the federal budget documents.
First, the good news for Australians pertaining to the federal budget. (Blink and you will miss it!)
Most working families and individuals are going to get a tax cut… and far be it from me to ever criticise a government — particularly a left-leaning government such as the Albanese Labor Government — for cutting tax.
Nonetheless, the government giveth and the government taketh away. And I will knock a government that takes away tax cuts.
Find out about what’s hidden in the budget by reading on…
Most working families and individuals will receive a tax cut, a rare positive move by the Albanese Labor Government.
However, families making personal sacrifices will lose about $9,000 due to reduced tax cuts originally planned by the Liberal National Coalition.
Inflation, which peaked at 7.8% and remains high, along with the removal of the Low and Middle Income Tax Offset, will diminish the impact of these tax cuts.
Government spending, set to increase by $24 billion this year, will further drive up prices, exacerbating the inflation crisis.
Significant funds are allocated to questionable areas, including $11 million for the Digital ID Bill, $1.5 million for a plant-based food labeling scheme, and $51 million for promoting abortion access, while foreign aid spending also rises.
Those families who make personal sacrifices and work hard to get up in the world will be robbed of about $9,000, given the Albanese Government reduced the tax cuts originally planned by the Liberal National Coalition.
For low and middle-income earners, the tax cuts are probably gobbled up by bracket creep and the removal of the Low and Middle Income Tax Offset, which the Organisation for Economic Co-Operation and Development (OECD) pointed out only a month ago was responsible for Australians suffering the largest percentage increase in income tax in the entire world last year.
The tax cut will also be largely eaten by inflation, which rose to 7.8% just under 18 months ago. While the rate is not down to under 4% overall, the reality is that the cost of the basics is still soaring.
For instance, electricity prices (without all the government rebates papering over the problem) are up 14.9%, bread and cereals up 7.3%, rent up 7.7%, fuel up 8.1%, and insurance up 8.2%.
After all of that, goodbye tax cuts.
As well, government spending will exacerbate the inflation crisis.
In a post to social media platform X last night, Senator Matt Canavan cut through all the propaganda to point out that the Albanese Government is going to be spending $24 billion extra this coming year, and that’s on top of the $20 billion extra that they spent last year.
That combined extra $45 billion—that’s $45,000,000,000.00—added to the economy will continue to drive the price of everything up over the next year.
And what are they spending this largesse on?
I’m glad you asked…
The Digital ID Bill hasn’t even passed the Federal Parliament yet and already it’s racking up costs of at least $11 million over the next four years.
The Office of the Australian Information Commissioner is spending $5.6 million to somehow ensure the invasive Digital ID system doesn’t breach your privacy when its designed to do that by default.
The Daily Telegraph also pointed out how wokery has got a look in to the budget, with a plant-based food labelling scheme scoring $1.5 million over the next two years.
They also point out that $216 million is being spent on arts and culture, including over $5 million to support two symphony orchestras, one of them based in Canberra.
Self-interest, anyone?
And just to prove that you can not buy good media coverage, the government is giving the Australian Associated Press $12 million of your hard-earned.
Climate change is also evaporating your tax dollars, with the government spending $76.2 million over the next few years on ongoing climate ‘talkfests’.
Abortion is also something being promoted in the budget with a $51 million “investment” in killing unborn babies, ensuring “women and girls have access to holistic, tailored health care and information that will enable them to make informed choices about their bodies”, the bulk of which is funding provision and training of abortions.
While Australians do it tough, spending on foreign aid is up by about 4%, bringing our annual spend on problems overseas to almost $5 billion in 2024/25.
And it’s not all being spent on the poor, starving billions in undeveloped nations. For instance, there’s $20.7 million of that foreign aid budget going to something called the ‘Australia - France Roadmap’.
In addition, about $144.3 million will be frittered away in the hopeless war in Ukraine.
It would be much cheaper to broker a ceasefire and urge peace talks.
Foreign investors also scored a win in the budget, with a reported tax break of $746,600 if they invest in a ‘build to rent’ home.
All in all, it seems that this budget contains little for Australian families but plenty for vested interests, wokery, and foreign interests.
What’s your view about the budget?
Until next time, God bless you, your family and nation.
Take care,
George Christensen
George Christensen is a former Australian politician, a Christian, freedom lover, conservative, blogger, podcaster, journalist and theologian. He has been feted by the Epoch Times as a “champion of human rights” and his writings have been praised by Infowars’ Alex Jones as “excellent and informative”.
George believes Nation First will be an essential part of the ongoing fight for freedom:
“The time is now for every proud patriot to step to the fore and fight for our freedom, sovereignty and way of life. Information is a key tool in any battle and the Nation First newsletter will be a valuable tool in the battle for the future of the West.”
— George Christensen.
Find more about George at his www.georgechristensen.com.au website.
Sorry, folks. For some reason the system automatically set the post to no comments.
Wow. How out of touch are these federal politicians?! If we let them run the show for a few more years there might not be a country worth saving anymore!
Thanks for your post on the budget, George. Much appreciated. A nice, succinct take on it all, telling us the truly relevant parts!
$1.5M for a plant-based food labelling scheme? How about they spend that on improving the crappy food labelling laws we already have! I've spoken at length with Food Standards Australia about current food labelling laws, and they need to improve a lot of things, not plant-based foods specifically (and with 'plant-based' what they really mean is fake meat!).
All that money going overseas to aid...when we could be using it here. How about using the $5B to help people find jobs/create them instead of bringing in millions of migrants to do the work?!
And $51M on abortion access?? And just the other day the govt is saying 'have more kids'??!! I mean, do they know what they want, here? Is it have more kids, or kill more kids? I'm confused...
I cannot for one moment think that this is what the majority of Australian voters would agree to (or even the 1/3 of the voters who actually voted for Labor at the last election). I know people can be stupid, but this has to be one of the dumbest Budgets ever released.
I think Labor politicians are taking funny pills.
I think we should bring in some laws that prosecute politicians for flushing our country down the toilet.