Rudd Government’s economic security payments start
Member for Moreton Graham Perrett said payments would start flowing to eligible local families and pensioners from this week as part of the Rudd Government’s $10.4 billion Economic Security Strategy.
The decisive action taken by Prime Minister Kevin Rudd and Treasurer Wayne Swan will provide relief for families and pensioners, strengthen the economy, and create up to 75,000 jobs.
Mr Perrett said from Monday 8 December the Economic Security Strategy would deliver direct payments of $1400 for single pensioners and carers, $2100 for pensioner couples, and $1000 per child for families on Family Tax Benefit A.
“These payments are targeted towards pensioners and others in Moreton who are doing it the hardest, and towards the parts of our economy that need it most,” Mr Perrett said.
“There are around 12,130 pensioners and carers, and 8,145 families in Moreton that will benefit directly from these payments.
“And our entire local economy will be bolstered because of the additional money being spent locally at shops and other businesses on Brisbane’s southside.
“The decisive and early action taken by the Rudd Government will protect our economy from the global financial crisis, which began in the US and is slowing growth around the world.
“We’re better placed than other nations to deal with the Global Financial Crisis which has sent many other countries into recession.
“And while we can’t completely resist these international forces, the Rudd Government is doing everything possible to protect the economy from the worst the world can throw at us.”
Mr Perrett said that the Economic Security Strategy payments along with recent large cuts to interest rates, and investments in health, education, and infrastructure meant very strong action was being taken to create jobs and buffer our economy.
“The Rudd Government made tough decisions in the May budget to build up a large budget surplus to act as a buffer in tough economic times,” he said.
“As we’ve all seen recently, those tough economic times have arrived, and the Government is now acting decisively to invest the surplus in strengthening the Australian economy.
“Australians, pensioners and families on Brisbane’s southside can take heart that their Government is taking every responsible step to strengthen the economy and protect jobs, in the face of the global financial crisis.
“And we won’t hesitate to take further responsible action if that is necessary.”
Mr Perrett said from Monday 8 December the Economic Security Strategy would deliver direct payments of $1400 for single pensioners and carers, $2100 for pensioner couples, and $1000 per child for families on Family Tax Benefit A.
“These payments are targeted towards pensioners and others in Moreton who are doing it the hardest, and towards the parts of our economy that need it most,” Mr Perrett said.
“There are around 12,130 pensioners and carers, and 8,145 families in Moreton that will benefit directly from these payments.
“And our entire local economy will be bolstered because of the additional money being spent locally at shops and other businesses on Brisbane’s southside.
“The decisive and early action taken by the Rudd Government will protect our economy from the global financial crisis, which began in the US and is slowing growth around the world.
“We’re better placed than other nations to deal with the Global Financial Crisis which has sent many other countries into recession.
“And while we can’t completely resist these international forces, the Rudd Government is doing everything possible to protect the economy from the worst the world can throw at us.”
Mr Perrett said that the Economic Security Strategy payments along with recent large cuts to interest rates, and investments in health, education, and infrastructure meant very strong action was being taken to create jobs and buffer our economy.
“The Rudd Government made tough decisions in the May budget to build up a large budget surplus to act as a buffer in tough economic times,” he said.
“As we’ve all seen recently, those tough economic times have arrived, and the Government is now acting decisively to invest the surplus in strengthening the Australian economy.
“Australians, pensioners and families on Brisbane’s southside can take heart that their Government is taking every responsible step to strengthen the economy and protect jobs, in the face of the global financial crisis.
“And we won’t hesitate to take further responsible action if that is necessary.”
12/08/08
Authorised by Graham Perrett MP 250 McCullough Street Sunnybank Qld 4109
© Graham Perrett MP 2009
© Graham Perrett MP 2009