{"id":66683,"date":"2022-03-30T10:47:27","date_gmt":"2022-03-29T23:47:27","guid":{"rendered":"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/?p=66683"},"modified":"2022-03-30T10:47:27","modified_gmt":"2022-03-29T23:47:27","slug":"2022-federal-budget-disappointing-says-g21","status":"publish","type":"post","link":"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/news\/2022-federal-budget-disappointing-says-g21\/","title":{"rendered":"2022 Federal Budget “disappointing” says G21"},"content":{"rendered":"

THE Morrison government\u2019s pre-election \u2018cost of living\u2019 budget has received a lack lustre endorsement from the regions most powerful lobby, the Geelong Region Alliance describing it as \u201cdisappointing for G21 communities.\u201d<\/p>\n

Headline budget measures designed to provide short term relief on day-to-day expenses include halving the fuel excise for six months, saving drivers 22 cents a litre, $250 one off payments to welfare and pension recipients, veterans, eligible self-funded retirees and $420 to Australians earning less than $126,000 a year next time they lodge their tax return.<\/p>\n

For those looking to get into the housing market, the first home buyers grant has been extended for another two years and a new Regional Home Guarantee (RHG) established, enabling first home buyers to purchase a property with five per cent deposit (two per cent for single parents), on homes valued up to $700,000 in Geelong and $500,000 for the rest of the region.<\/p>\n

While welcoming the immediate Budget relief for hip pockets, G21 CEO Giulia Baggio is seeking a commitment to longer term cost of living solutions when the election campaign starts.<\/p>\n

\u201cOur communities are very car dependent and the sharp rise in petrol prices puts immediate stress on household budgets. This leaves fewer dollars to cover the rising cost of food, housing and other essentials.<\/p>\n

\u201cThe RHG scheme is a good start but will need to be topped up to meet our region\u2019s surging property prices and delivered on a greater scale to alleviate the affordability crisis in many of our communities.<\/p>\n

\u201cA lack of affordable housing is causing chronic staff shortages for our businesses and service providers. We also have 883 people experiencing homelessness and 5000 people reporting rental stress,\u201d said Ms Baggio.<\/p>\n

\"\"
Treasurer Josh Frydenberg is interviewed for morning television shows at Parliament House the day after delivering the 2022 Budget. Photo: MICK TSIKAS\/AAP<\/figcaption><\/figure>\n

Pre-budget leaks and announcements have already revealed the government will commit further funding towards communication, transport and energy infrastructure projects in the region.<\/p>\n

Last week an additional $480 million for the NBN was announced, helping to improve internet connections for just over 10,000 premises in the Geelong region.<\/p>\n

Earlier this week $740 million was earmarked for the Western Interstate Freight Terminal in Truganina and $920 million for the Outer Metropolitan Ring that will connect South Rail to the Western Interstate Freight Terminal and in keeping with the federal governments gas fired recovery from COVID, the APA Group\u2019s Southwest pipeline expansion and Lochard Energy\u2019s Underground Gas Storage project will share in an additional $50 million investment for the sector.<\/p>\n

While noting two other measures that will benefit the region, such as $2 billion over 5 years for the Regional Accelerator Program that will fund recycling, advanced manufacturing and defence industry projects and a $1.3 billion program to expand digital coverage on transport routes, Ms Baggio said the Budget falls short of expectations and needs for the region.<\/p>\n

\u201cDisappointingly, the Regional Investment Package applies only to four regions outside Victoria. As one of the fastest growing regions in Australia, G21 will be advocating in the coming election campaign for investment required to meet the pressures of a rapidly growing population.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

THE Morrison government\u2019s pre-election \u2018cost of living\u2019 budget has received a lack lustre endorsement from the regions most powerful lobby, the Geelong Region Alliance describing it as \u201cdisappointing for G21 communities.\u201d Headline budget measures designed to provide short term relief on day-to-day expenses include halving the fuel excise for six months, saving drivers 22 cents […]<\/p>\n

Read More…<\/a><\/p>\n","protected":false},"author":196,"featured_media":66708,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7],"tags":[],"post_folder":[],"class_list":["post-66683","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"\n2022 Federal Budget "disappointing" says G21 - Surf Coast Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/news\/2022-federal-budget-disappointing-says-g21\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2022 Federal Budget "disappointing" says G21 - Surf Coast Times\" \/>\n<meta property=\"og:description\" content=\"THE Morrison government\u2019s pre-election \u2018cost of living\u2019 budget has received a lack lustre endorsement from the regions most powerful lobby, the Geelong Region Alliance describing it as \u201cdisappointing for G21 communities.\u201d Headline budget measures designed to provide short term relief on day-to-day expenses include halving the fuel excise for six months, saving drivers 22 cents [...]Read More...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/news\/2022-federal-budget-disappointing-says-g21\/\" \/>\n<meta property=\"og:site_name\" content=\"Surf Coast Times\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-29T23:47:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/2\/2022\/03\/Feature-image-2022-03-30T103332.254.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Tim Lamacraft\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tim Lamacraft\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/surfcoasttimes\\\/news\\\/2022-federal-budget-disappointing-says-g21\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/surfcoasttimes\\\/news\\\/2022-federal-budget-disappointing-says-g21\\\/\"},\"author\":{\"name\":\"Tim Lamacraft\",\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/surfcoasttimes\\\/#\\\/schema\\\/person\\\/cb95c18bd1b73a23efa86ef2abc844c9\"},\"headline\":\"2022 Federal Budget “disappointing” says G21\",\"datePublished\":\"2022-03-29T23:47:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/surfcoasttimes\\\/news\\\/2022-federal-budget-disappointing-says-g21\\\/\"},\"wordCount\":523,\"publisher\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/surfcoasttimes\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/surfcoasttimes\\\/news\\\/2022-federal-budget-disappointing-says-g21\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/static.timesnewsgroup.com.au\\\/prod\\\/uploads\\\/sites\\\/2\\\/2022\\\/03\\\/Feature-image-2022-03-30T103332.254.png\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-AU\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/surfcoasttimes\\\/news\\\/2022-federal-budget-disappointing-says-g21\\\/\",\"url\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/surfcoasttimes\\\/news\\\/2022-federal-budget-disappointing-says-g21\\\/\",\"name\":\"2022 Federal Budget \\\"disappointing\\\" says G21 - 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