This bill became law on Jun 26th, 2024.
Budget, tax & economy
This law approves about $24.6 billion in 2024-25 funding for federal spending that is not part of the government's ordinary annual running costs.
The 2024-25 Budget left spending outside the government’s ordinary annual running costs needing separate legal authority, because the Constitution requires those appropriations to be in a different billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs.. This billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. provides that funding, including money for new measures, state payments and urgent gaps the Finance Minister may need to cover.
Each federal budget needs separate legislation to release money from the Consolidated Revenue FundThe main federal pot of public money that Parliament must authorise spending from before the government can pay it out., and spending that is not part of the government’s ordinary annual services, including new measures and many payments to the states, must go into Appropriation Bill (No. 2)The bill that authorises spending for federal items that are not part of the government's ordinary annual running costs.. In the 2024-25 Budget on 14 May 2024 the government sought about $24.6 billion for those purposes, including major Defence funding and state payments, and Parliament passed the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. in June so the money could be legally spent for the new financial year.
Critics said this appropriation billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. channels billions into the wrong priorities, risking more inflation and cost-of-living pressure while leaving housing, regional needs and core services underfunded. That case was raised mainly by Coalition and Greens speakers, with some narrower Senate concern that urgent legal assistance funding was still falling short.
Stephen Jones MP introduced this billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs.. It passed on the voices.
Did it become law?
Yes
Became law 26 June 2024
Final passage
Passed without a counted vote
2 recorded amendment or procedural votes were found, but no counted vote on the bill itself was recorded.
Passage speed
43 days
From introduction to the latest recorded parliamentary step
Meaning
This law approves about $24.6 billion in 2024-25 funding for federal spending that is not part of the government's ordinary annual running costs.
The Finance Minister can add up to $600 million during 2024-25 if urgent spending is needed and the budget left it out or did not provide enough.
The law sets a $5 billion cap for 2024-25 general-purpose federal payments to states and territories under the Federal Financial Relations Act 2009The law that sets the framework for certain Commonwealth payments to states and territories, including annual debit limits..
The law sets a $37 billion cap for 2024-25 national partnership paymentsCommonwealth payments to states and territories for agreed projects, services or reforms that usually come with conditions. to states, mainly for agreed projects, services and reform programs.
Responsible ministers can decide the timing, amounts and conditions for some payments to states, territories and local councils funded under this law.
This bill, Appropriation Bill (No. 2) 2024-2025, along with Appropriation Bill (No.1) 2024-2025 and Appropriation (Parliamentary Departments) Bill (No. 1) 2024-2025, are the budget appropriation bills for 2024-25. Appropriation Bill (No. 2) seeks approval for appropriations from the Consolidated Revenue Fund of $24.6 billion, incorporating decisions from this year's budget. I now outline the most significant items provided for in this bill.Second reading speech
Subclause 12(1) of the Bill sets out the circumstances which must exist to enable the Finance Minister to make a determination under subclause 12(2) to provide for additional expenditure when satisfied that there is an urgent need for expenditure in the current year that is not provided for, or is insufficiently provided for, in Schedule 2 either because of an erroneous omission or understatement, or because of unforeseen circumstances. The allocated amount is referred to as the Advance to the Finance Minister (AFM).Appropriation Bill (No. 2) 2024-2025 explanatory memorandum
For the purposes of subsection 9(3) of the FFR Act, subclause 13(1) provides the debit limit of $5,000 million for general purpose financial assistance for 2024‑25.Appropriation Bill (No. 2) 2024-2025 explanatory memorandum
This debit limit applies for 2024‑25 to the amount that the Treasurer can credit to the COAG Reform Fund and the total amount that can be debited from that Fund for the purposes contained in paragraphs 16(1)(a) to (c) inclusive of the FFR Act. These purposes relate to making a grant of financial assistance to a State to support the delivery by the State of specified outputs or projects, facilitate reforms by the State, or reward the State for nationally significant reforms.Appropriation Bill (No. 2) 2024-2025 explanatory memorandum
Although financial assistance is provided to the ACT, NT and local governments without reference to section 96 of the Constitution, those payments are administered in the same way. Therefore, the Ministers identified in Schedule 1 may set the amounts and timing and impose terms and conditions on those payments. Subclause 16(5) also notes that clause 16 will not limit the powers of the Commonwealth under section 96 of the Constitution to provide financial assistance to a State which is not appropriated by a State, ACT, NT and local government item.Appropriation Bill (No. 2) 2024-2025 explanatory memorandum
Context
Each federal budget needs separate legislation to release money from the Consolidated Revenue FundThe main federal pot of public money that Parliament must authorise spending from before the government can pay it out., and spending that is not part of the government’s ordinary annual services, including new measures and many payments to the states, must go into Appropriation Bill (No. 2)The bill that authorises spending for federal items that are not part of the government's ordinary annual running costs.. In the 2024-25 Budget on 14 May 2024 the government sought about $24.6 billion for those purposes, including major Defence funding and state payments, and Parliament passed the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. in June so the money could be legally spent for the new financial year.
2024-25 Budget allocates funding outside ordinary annual services
The budget set aside about $24.6 billion for items that needed separate legal authority, including major Defence funding and payments to the states and territories.
Hansard ↗Government introduces the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. to authorise that budget spending
The billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. was introduced on budget night to provide the separate appropriation required for spending outside the government’s ordinary annual running costs.
Parliamentary timeline ↗House passes the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs.
House passage cleared the main chamber needed to move the budget funding package on to the Senate before the new financial year.
Parliamentary timeline ↗Parliament passes the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs.
Both houses agreed to the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. in the same form, completing parliamentary approval for the appropriations.
Parliamentary timeline ↗Royal AssentThe final formal step that turns a bill passed by Parliament into an Act of law. makes the appropriations law
Royal AssentThe final formal step that turns a bill passed by Parliament into an Act of law. turned the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. into an Act, giving legal force to the 2024-25 non-ordinary annual services funding before 1 July.
Parliamentary timeline ↗Legislative route
The billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. was formally presented to the chamber and read a first time, which starts its parliamentary journey.
Introduced and read a first time
A minister or sponsoring member moved the second reading, opening the main debate on the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs.'s purpose and principles.
Second reading moved
The billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. reached this recorded parliamentary step.
The billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. reached this recorded parliamentary step.
Referred to Federation Chamber
The billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. reached this recorded parliamentary step.
The billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. reached this recorded parliamentary step.
The chamber agreed to the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. at second reading, meaning it accepted the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. in principle and allowed it to continue.
Second reading agreed to
The billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. reached this recorded parliamentary step.
Reported from Federation Chamber
The chamber agreed to the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. at third reading, which completed passage through that chamber.
Third reading agreed to
The billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. was formally presented to the chamber and read a first time, which starts its parliamentary journey.
Introduced and read a first time
A minister or sponsoring member moved the second reading, opening the main debate on the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs.'s purpose and principles.
Second reading moved
The billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. reached this recorded parliamentary step.
The chamber agreed to the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. at second reading, meaning it accepted the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. in principle and allowed it to continue.
Second reading agreed to
The chamber agreed to the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. at third reading, which completed passage through that chamber.
Third reading agreed to
Both houses passed the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. in the same form, completing parliamentary passage.
Finally passed both Houses
The Governor-General gave Royal AssentThe final formal step that turns a bill passed by Parliament into an Act of law., turning the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. into an Act.
The scrutiny committee recorded that it considered the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. in Scrutiny Digest 9 of 2024.
Considered
Collected source bundleKey criticism
Critics said this appropriation billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. channels billions into the wrong priorities, risking more inflation and cost-of-living pressure while leaving housing, regional needs and core services underfunded. That case was raised mainly by Coalition and Greens speakers, with some narrower Senate concern that urgent legal assistance funding was still falling short.
Criticism was real but split between broad budget priorities and narrower funding gaps.
Spending seen as inflationary and misdirected
Opponents argued the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. funds Labor's wrong priorities, adds to inflation and cost-of-living pressure, and does not do enough for everyday households. They said spending should be tighter and redirected away from tax breaks and other measures they saw as favouring wealthier interests or big corporations.
Housing, services and regional needs said to be underfunded
A separate criticism was that the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. fails to put enough money into urgent needs such as housing, public services, regional infrastructure and legal assistance. Critics warned that people facing rent stress, service gaps or regional disadvantage would be left worse off because the funding choices do not match the scale of those problems.
Further sources
Votes
The bill passed both chambers on the voices. The counted divisions below were about amendments or procedure, not final passage.
House agreed to the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs.'s third reading on the voices, so there is no list of individual Aye and No votes for final passage in that chamber.
Passed on the voices
In a voice vote, members call out Aye or No and the presiding officer judges which side has it. Individual names are only recorded if a formal division is called.
Senate agreed to the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs.'s third reading on the voices, so there is no list of individual Aye and No votes for final passage in that chamber.
Passed on the voices
In a voice vote, members call out Aye or No and the presiding officer judges which side has it. Individual names are only recorded if a formal division is called.
Recorded amendment and procedural votes grouped by chamber. Expand a vote to see the party breakdown.
Senate
Defeated 12 to 29. Support came from Greens and minor parties and independents. Opposition came from Labor, Liberal Party, Nationals, and minor parties and independents.
This was a second-reading statement vote, so it did not change the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. text. Defeat left the appropriation bills to proceed unchanged.
Defeated 13 to 27. Support came from Greens and minor parties and independents. Opposition came from Labor, Liberal Party, and Nationals. Minor-party and independent votes were split.
This was a second-reading statement vote, so it was a request for extra funding rather than an amendment to the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. itself. The defeat left the appropriation bills to pass without that added call.
These are amendment votes, not the final passage vote on the bill itself. The bill passed both chambers on the voices.
Parliamentary debate
Start here — lead voices
Stephen Jones supports the appropriation billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. and asks the House to pass it, saying it provides funding for the 2024-25 budget measures and urgent and unforeseen expenditure.
Read in Hansard ↗Duniam opposes the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs., saying it is a budget of missed opportunities that wastes money on Canberra bureaucracy while cutting support for environmental work and key agencies.
Read in Hansard ↗Helen Haines supports the appropriation billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. overall, saying it contains some welcome measures such as energy billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. relief, hospital funding and road funding.
Read in Hansard ↗Alicia Payne supports the appropriation billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. and says it delivers cost-of-living relief, housing, education, health and other investments for Australians and for Canberra.
Read in Hansard ↗All speeches by bloc
18 speakers · 15 support · 3 unclear
“I'm very proud of the budget and that it's a budget that delivers for all Australians, including in Canberra.”Read the full speech in Hansard ↗
“At a macro level, through the budgetary process, we're getting debt and deficit under control. At a micro level, I know that people in my electorate find it hard with the cost-of-living pressures. The budget is designed to help people who are under pressure now, while setting Australians up for the future.”Read the full speech in Hansard ↗
“This budget is a responsible budget. It's one that delivers a surplus for the second time in two years—something those opposite put on a mug but didn't actually deliver in the budget papers. This budget is a reflection of responsible economic management, while also understanding that Australians are facing cost-of-living pressures and while also investing in the things we need for the future—investing in more homes, investing in the future of education, making sure that more Australians can access university but not be burdened by debt. This budget also invests in the clean energy future that we desperately need.”Read the full speech in Hansard ↗
“The fiscal position is not something that just happens automatically. It takes hard work. It takes tough decisions. For me, as a representative of an electorate where there are many vulnerable people—many people on low incomes, many people on benefits and many young people—the fact that we've been able to achieve this while also providing those cohorts with support is incredibly important. That's why I'm so pleased to support this budget. It's a budget which not only provides support but is fiscally responsible.”Read the full speech in Hansard ↗
“It gives me great pleasure to stand here today, in this debate on Appropriation Bill (No. 1) 2024-2025, to talk about the federal budget, which delivers for both Australia and Tasmania. Good economic management and addressing the cost of living with commonsense, practical measures are at the heart of the Labor government's third budget, delivered on 14 May by Treasurer Jim Chalmers.”Read the full speech in Hansard ↗
“In closing, this is a budget that is responsible, it's a budget that's been sensibly thought through, it's a budget that sets out a plan for the future and it's a budget that I believe shows that the responsibility of addressing the nation's economy rests with the government of the day, and that's exactly what this government seeks to do with this budget.”Read the full speech in Hansard ↗
“I strongly welcome these measures, and I know that whilst there's much more to do—especially when it comes to dealing with cost-of-living pressures—these are practical, important steps to handle these pressures while also tackling inflation and global problems.”Read the full speech in Hansard ↗
“When it comes to homes, there's also $32 billion that we're investing in more social housing, more public housing, more affordable housing and more construction. There are incentives for people to build more homes so that they can be rented. There's funding for the urgent works that are required by state governments so that you can do residential construction. These are things that are encapsulated in this budget, which is a commitment to tackling the issues of the cost of living, housing and many others.”Read the full speech in Hansard ↗
“I'm really proud to be part of a government that's continuing to prioritise the welfare and future of Australians everywhere, and I commend these bills to the House.”Read the full speech in Hansard ↗
“We know that there is a massive housing shortage in Australia. Whether you're renting, buying or building, more homes are necessary for more security for everyone, especially those people I represent in Newcastle. That's why we've got a very ambitious goal to build 1.2 million homes by the end of the decade. I know that there are some people who scoff at this bill, but I say that, if you do not dare to be ambitious about addressing this housing crisis, then you are wasting your time in this chamber.”Read the full speech in Hansard ↗
“This is a budget I endorse and it's a big and good budget for Bennelong.”Read the full speech in Hansard ↗
“This budget is a responsible budget that delivers for Australian families. This is a budget that delivers on our core priorities of cost of living, housing, health care and education. This is a budget with a vision for the future of our nation. This budget will drive down inflation. This budget has delivered back-to-back surpluses for the first time in 20 years. I would like to thank the Prime Minister and the Treasurer, Jim Chalmers, for their work on this bill, and I commend the budget to the House.”Read the full speech in Hansard ↗
“This Bill, Appropriation Bill 2, along with Appropriation Bill 1 and Parliamentary Departments Appropriation Bill 1, are the Budget Appropriation Bills for 2024-25.”Read the full speech in Hansard ↗
“I genuinely feel that this budget is a response to listening to the concerns of everyday Australians and that it is a step in the right direction in addressing the economic hurt so many are feeling. It has much more to offer all Australians and in its DNA it is authentically Labor. It is a budget I'm proud to defend. In the same way I am proud of my community, my home electorate and its constituents. They've been through tough times, and I hope this budget will be a solid step for them in addressing their economic concerns. But more than that I also hope that, as a community in its full diversity, we can begin to address those other deeper, longing pains that are shared by so many—these pains that desire a better tomorrow, a more peaceful future and an end to war and division. The responsibility for addressing those pains lies with all of us. I commend the budget to the House.”Read the full speech in Hansard ↗
“That's why I'm so proud of this budget. It's a budget that prioritises easing cost-of-living pressures and it's been designed to help every Australian, not just some. It is a Labor budget through and through. It's a budget to support those doing it tough and to build the industries needed to power Australia into the future.”Read the full speech in Hansard ↗
“People have spoken to me about the budget since it was handed down during my various listening posts and at community events I've gone to. They recognise that it's responsible—that they could have had a bit more help, but this was measured, and it's the budget that we need at this time. So I really do want to recognise how the Treasurer has found the right balance in this budget. We are helping where we can, knowing that there's more that we could do, but not wanting to put that pressure on the Reserve Bank around interest rates. I want to commend the budget, and I encourage all those in this place to think about the change that it will make in our communities.”Read the full speech in Hansard ↗
“It's a great pleasure to be here to speak on our Appropriation Bill (No. 1) 2024-2025, and I do so because I feel very proud to belong to a Labor government that has delivered, in consecutive budgets, a surplus, as well as delivering measures to make sure pressure on the cost of living is moved downwards—things like a Future Made in Australia, which will benefit our future economic growth as a nation. To have a good economy you need good future economic growth and products that we can make here in Australia to export as well as use locally. And, as I said, this was the second consecutive surplus that's been delivered in many, many years.”Read the full speech in Hansard ↗
“This bill also seeks debit limits for payments under the Federal Financial Relations Act that will apply in 2024-25. They are as follows: $5 billion for general purpose financial assistance and $37 billion for national partnership payments. Full details of the proposed expenditure are set out in schedules to the bill, the explanatory memorandum and the portfolio budget statements. I commend this bill to the chamber.”Read the full speech in Hansard ↗
14 speakers · 1 support · 9 oppose · 1 mixed · 3 unclear
“So I say this budget is a failure when it comes to the environment portfolio, and certainly it's a failure when it comes to the people of Tasmania, where we have been dudded and we now know how this government really feels about Tasmanian men, women and children, including salmon workers, right across the state. (Time expired)”Read the full speech in Hansard ↗
“I rise to speak on the Appropriation Bill (No. 1) 2024-2025 and related bills, and on what Labor has delivered in this budget. The reality is that for the people of Petrie there's very little in this budget that the government can be proud of. In the last two years, this government has seen people's cost of living rise and their finances fall through the floor, with rents up, mortgages up and homelessness up.”Read the full speech in Hansard ↗
“In conclusion, regional Australia has been betrayed in Labor's budget. Sadly, it is clear that Labor has no plan to fix the cost-of-living crisis for regional families, and they will feel the pain in their wallets. Under Labor, regional Australia is the poorer for being hit with higher taxes, higher mortgage payments and higher grocery and energy bills. This is an inflationary budget that has no incentive for productivity whatsoever.”Read the full speech in Hansard ↗
“It doesn't give you much confidence, does it? It doesn't give you much confidence that the Labor government has what it takes to deal with the inflation problem. They've got their foot on the accelerator in terms of government spending—an extra $315 billion of government spending since this government came to power. At the same time, the Reserve Bank of Australia is doing its best to bring down inflation. But at their last meeting, the meeting immediately following the bringing down of the budget, they didn't consider a cut to interest rates but only an increase to interest rates. These are not the words of a politician but the words of the Governor of the Reserve Bank of Australia. That, from my perspective, provides objective evidence to every single Australian that the Labor government has the wrong fiscal policy for these current times.”Read the full speech in Hansard ↗
“Of course, the coalition is never going to stop the appropriations bills because this is supply.”Read the full speech in Hansard ↗
“This is probably the last chance I will have to make a speech on an appropriation bill, and I find it incredibly frustrating. It shouldn't be like this. Good luck to the member for Bennelong with all the electric bus interchanges and medical centres and things that he's got in the inner suburbs of Sydney, but the people of regional Australia deserve better than this. They do not need to be ignored, and this budget, apart from what we've seen with the divisive Voice, has done very, very little for the people of western New South Wales.”Read the full speech in Hansard ↗
“I'm pleased to rise to speak on the Appropriation Bill (No. 1) 2024-2025 to make some observations about the impact of the Albanese Labor government's third budget, which was brought down recently. This budget was a missed opportunity that failed to address the multiplicity of challenges facing Australian households, families and businesses.”Read the full speech in Hansard ↗
“Ultimately, the most depressing part of the fiscal debate is the lack of ambition. I am still surprised that we have wound back the only structural income tax reform that has been delivered by the last few parliaments, and now we have a position where the government has no plan to deal with bracket creep and no plan to cut taxes across the board, and has favoured this crony capitalism where you set up these massive government slush funds, put all your mates on the boards, give grants to your mates—if they ever get around to having a proper board meeting—and hire a whole lot of public servants to run around this building doing so-called government affairs. It's not a very good position for the country to be in: to have no ambition on the tax side.”Read the full speech in Hansard ↗
“It is a pleasure to talk about the budget and Appropriation Bill (No. 1) 2024-2025, although it is a tough conversation to have because we need to be realistic and understand that, despite the Prime Minister, the Treasurer and those opposite talking about how Australians have never had it better and about how lucky they are, the reality is the Australian people are struggling through the worst cost-of-living crisis in living memory.”Read the full speech in Hansard ↗
“So it's really tough out there for residents in La Trobe and right across the country. I've been to many budget speeches, in both government and opposition, and I can say that you could tell it wasn't a good budget when the Labor staff members came into the gallery. It was very subdued, because they knew it was not hitting the mark at all. Looking at the response by opposition leader Peter Dutton, people are agreeing that we need change. And I hear Labor member agreeing, too, and I thank you for that. We need change, and it has to come quickly. Bring this election on.”Read the full speech in Hansard ↗
“More broadly, in uncertain economic times such as these, we need a budget that gets back to basics, addresses the underlying issues and helps Australia get back on that. To do this, three key measures need to be met: the budget must restore our standard of living by addressing inflation and the pressures being felt by families at the check-out and from their energy bills; restore prosperity and create opportunity by supporting small businesses and helping young Australians into a home; and restore budget discipline and honesty by restraining spending, bringing back fiscal guardrails and a tax-to-GDP cap and delivering a structural surplus, not a windfall surplus. This is what a future coalition government will be focused on delivering.”Read the full speech in Hansard ↗
“Whilst I won't oppose these bills, which ensure that the government's programs are funded, I must express my deep disappointment with this year's budget.”Read the full speech in Hansard ↗
“This government's ban will rip the heart out of those communities because they rely on this industry as a key part of—”Read the full speech in Hansard ↗
“The opposition will be supporting these bills; however, the budget handed down with these appropriation bills fails Australians. Australians needed a budget that got back to basics, and this was a budget that didn't.”Read the full speech in Hansard ↗
5 speakers · 5 oppose
“This is a budget that does just enough so that Labor can say that they understand the challenges that people are facing while continuing the special treatment for big corporations and wealthy property investors. This is a budget that puts people under more pressure.”Read the full speech in Hansard ↗
“It is entirely possible for the government to have announced this year that they were raising taxes on gas corporations, scrapping the stage 3 tax handouts for people earning over $200,000, making the supermarkets and the banks pay tax on their super profits and raising hundreds of billions of dollars. The government could do that. They could use that money to help coordinate a freeze and cap on rent increases so people who are one rent increase away from eviction get to stay in their homes. They could phase out the tax handouts for property investors and invest that money in not only building enough public housing so the most vulnerable in our society have a place to call home but building housing and renting and selling it at prices people can afford to anyone who needs one.”Read the full speech in Hansard ↗
“The government has also allocated, and it's in this budget, $1.5 billion of public money to develop the Middle Arm site, which will turn Darwin Harbour into a giant gas export facility and a giant petrochemical hub. Again, the petroleum, coal and gas corporations make off with crisis superprofits, and the petrochemical corporations make off with crisis superprofits, underwritten by billions in public subsidies delivered by the Australian Labor Party to corporate donors in the fossil fuel cartel. That's what's going on here. This is necro-capitalism. And this budget, in the face of the great challenges of our times, is an abject failure.”Read the full speech in Hansard ↗
“With this budget, Labor are saying that they would rather buy nuclear submarines, weapons and fund climate bombs like the Middle Arm gas project than fund libraries, science lessons or toilets for our kids. They'll give huge handouts to private schools, fossil fuel companies and property investors but cry poor when it comes to funding our public schools and our kids' futures.”Read the full speech in Hansard ↗
“This budget is bandaid solutions—tinkering around the edges—and it refuses to address the systemic causes of the massive social and economic issues we are all facing in this country. What we need is bold, progressive reform.”Read the full speech in Hansard ↗
1 speaker · 1 support
“This budget has some welcome measures, and I understand the government's challenges in not wanting to fuel inflation. It's vital that we bring inflation down, to ease cost-of-living pressure. However, where the government has announced funding in their housing and their Future Made in Australia policies in particular, the regions remain a blind spot. I'm worried about it, and I want the government to step up to the challenge.”Read the full speech in Hansard ↗
Record
House · Introduced and read a first time
Introduced
The billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. was formally presented to the chamber and read a first time, which starts its parliamentary journey.
House · Second reading moved
Second reading opened
A minister or sponsoring member moved the second reading, opening the main debate on the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs.'s purpose and principles.
House · Second reading debate
Second reading debate
The billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. reached this recorded parliamentary step.
House · Referred to Federation Chamber
Referred to Federation Chamber
The billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. reached this recorded parliamentary step.
House · Second reading debate
Second reading debate
The billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. reached this recorded parliamentary step.
House · Second reading debate
Second reading debate
The billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. reached this recorded parliamentary step.
House · Second reading agreed to
Second reading agreed
The chamber agreed to the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. at second reading, meaning it accepted the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. in principle and allowed it to continue.
House · Reported from Federation Chamber
Reported from Federation Chamber
The billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. reached this recorded parliamentary step.
House · Third reading agreed to
Third reading agreed
The chamber agreed to the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. at third reading, which completed passage through that chamber.
Senate · Introduced and read a first time
Introduced
The billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. was formally presented to the chamber and read a first time, which starts its parliamentary journey.
Senate · Second reading moved
Second reading opened
A minister or sponsoring member moved the second reading, opening the main debate on the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs.'s purpose and principles.
Senate · Second reading debate
Second reading debate
The billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. reached this recorded parliamentary step.
Senate · Second reading agreed to
Second reading agreed
The chamber agreed to the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. at second reading, meaning it accepted the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. in principle and allowed it to continue.
Senate · Third reading agreed to
Third reading agreed
The chamber agreed to the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. at third reading, which completed passage through that chamber.
Parliament · Finally passed both Houses
Passed both houses
Both houses passed the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. in the same form, completing parliamentary passage.
Assent · Assent
Assent
The Governor-General gave Royal AssentThe final formal step that turns a bill passed by Parliament into an Act of law., turning the billThe bill that authorises spending for federal items that are not part of the government's ordinary annual running costs. into an Act.
Senate Standing Committee for the Scrutiny of Bills
Considered
The scrutiny committee recorded that it considered the bill in Scrutiny Digest 9 of 2024.
Considered by scrutiny committee (26 June 2024): Senate Standing Committee for the Scrutiny of Bills; Scrutiny Digest 9 of 2024
Collected source bundle
