Labor ThinkTank on 2011-2012 Budget Priorities


2011-2012 Budget Priorities

by LaborHQ at Friday, 17 December 2010

Deputy Prime Minister & Treasurer Wayne Swan has called for 2011-2012 Budget Submissions.


With your participation Labor Connect will be collating a submission based on your ideas here at ThinkTank. Our submission will focus along the priorities LaborConnect would like to see set in the 2011-2012 budget.


Despite continued uncertainty in the global economy, Australia is in a strong position. While most other developed countries are facing the aftermath of recession, our nation is now dealing with the challenges of growth. We have strong job creation, record terms of trade and a large pipeline of business investment gearing up.



What ideas would you like to see in our community submission? You might like to consider;



  • How do we maintain strong job creation?

  • How do we build the capacity of our workforce and modernise infrastructure to boost productivity?

  • How do we prepare for long term challenges like climate change and the ageing population?


Ideas close January 20th in order to compile the LaborConnect submission for the January 28th deadline.


For more information or to make your own submission you can read the release here. 



It is important also to remember the Governments strong commitment to its fiscal strategy and the need to offset new spending with savings. While the Budget remains on track to return to surplus in 2012-13, well ahead of any major advanced economy, the Budget must maintain the discipline of the Government’s fiscal strategy.

 

Categories: Budget, Economy, "Gillard Government", Submission, Swan
Status: Active
Ideas: 49


Ideas

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  • Our resources

    by thetrureal from melbourne , victoria at Saturday, 18 December 2010

    Bring back the full mining tax “at a much more higher rate” and scrap this “insignificant and high tax cuts for the mining industry” MRRT.

    For too long our government’s has been helping the ruling class get richer while the middle, working and lower class are dissolving into poverty.

    The banking sectors making billions and getting tax cuts while their skilled and educated employees are losing their jobs and livelihood as the major four ban...

    Comments: 5 | Report abuse

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  • Form a Narrative

    by Crispin from Lyneham , ACT at Thursday, 6 January 2011

    This year's spending priorities really need to encapsulate a social democratic narrative for the Labor party in 2011, as well as addressing the needs of productivity growth.

    This means large infrastructure spending, the NBN is a very good start, but also examine projects such as a high speed rail network, and upgrades to our ports and economic infrastructure.

    Also we need much more targeted education investment, not school halls, but inve...

    Comments: 3 | Report abuse

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  • Each day we don't tax the ruling classes is each day we lose money.

    by thetrureal from melbourne , victoria at Wednesday, 9 March 2011

    We need a full universal health care system. There is money from many sources such as the full mining tax, bank profits tax, eliminating middle upper class welfare as in tax subsidise, dismantle the parental leave payments and the baby bonuses and stop all funding to overseas and refuges.

    The NBN should eliminate Telstra and the Australian people should own the telecommnications.

    Comments: 4 | Report abuse

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  • NBN Training Funding

    by dvora99au from Beckenham , WA at Wednesday, 22 December 2010

    Having attended one of the many fora around the country on the NBN in December, the critical shortage of those skilled to undertake the physical rollout of the NBN was evident.

    Training will take anywhere from 1 to 3 years IF trainers can be lured to leave their lucratively paid positions to train those needed for the task. It would seem common sense to me to commit to spend 2.5% of the estimated budget on ensuring that we have well trained A...

    Comments: 1 | Report abuse

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  • Pensions

    by winniev1954 from Caboolture , Queensland at Sunday, 19 December 2010

    Pensionsers should be the big winners in the 2011-12 budget as this would help even more than you think and it would be nice to see the pension up inline with the basic wage as it stands at the moment it is below and in the poverty line yet we still have to pay the same bills as those who are working, just because we do not work anymore does not go to say that we be thrown on the scrap heap and forgotten, but the pension has been well below every...

    Comments: 7 | Report abuse

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  • negative gearing on resididental property

    by mooseaman from asquith , nsw at Saturday, 23 April 2011

    As we all know the cost of residential property is rising faster than the majority of first home buyers can save. I would like to see a clear policy for the gradual elimination of negative gearing on all non – commercial property. I would also like to see the ALP introduce a policy on the great tax deductibility of investment into Australian manufacturing industries via the ASX or other means. We should also address the capital gains tax on resi...

    Comments: 4 | Report abuse

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  • National Disaster Insurance

    by seanone from kippa-ring , QLD at Tuesday, 18 January 2011

    It seems self evident to me that the current situation is not working. Far to many Insurance companies come up with ways of finessing their policies to ensure that they don't pay when natural disasters strike. Current floods show this as does earlier cyclones. It is also evident from our history that we are a nation subject to more than or fair share of extreme climate events. These are not rare and if the Climate change scientists are correc...

    Comments: 1 | Report abuse

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  • Housing

    by Brokr888 from COORPAROO , QLD at Wednesday, 29 December 2010

    Affordable rental housing and home ownership affordability is a major problem for low income Australians. Housing stock is not keeping up with demand. To redress this problem private investment in new housing stock needs to increase and speculation in the residential property market needs to be deterred. This would happen if negative gearing was restricted to new housing stock. Employment in the property development sector would also substant...

    Comments: 9 | Report abuse

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  • Education & Training

    by dvora99au from Beckenham , WA at Friday, 17 December 2010

    Aptitude, talent and passion create a fertile environment for learning. The education dollar I believe could be better spent if we paid attention to determining the talents, passion and aptitudes of the people entering/reentering the training market.

    When people have talent they are more likely to achieve and enjoy the buzz of doing so, and continue to strive for the best they can achieve. EVERYONE has a talent, passion or aptitude for somet...

    Comments: 0 | Report abuse

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  • Aged Care and Health

    by dvora99au from Beckenham , WA at Friday, 17 December 2010

    As our elderly move onto non self funded pensions, whether it be for infirmity or dementia, it would be great if somehow they could be incorporated onto their children's private health insurance where they themselves cannot afford to remain members.

    Many of these people still haven't recovered their financial status after the recession of the early 80's and will be unlikely to become self-funded.

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