The Australian Capital Territory Treasurer, Andrew Barr, has delivered the government’s Budget for 2014-15.
Barr told the Legislative Assembly that the Budget invested in Canberra’s future. He said: “There’s no doubt the Territory faces a big economic challenge because of the Commonwealth’s budget cuts.”
Barr said the Budget “provides a record amount of funding for health”. He said $2.5 billion over four years has been allocated for infrastructure projects. The Budget cuts stamp duty, payroll tax and insurance duty.
Barr said: “The Government aims to balance the Budget over the economic cycle. While acknowledging the budget is in deficit this year, the Government has taken a specific policy decision to support the economy and our community ahead of returning to balance sooner by imposing harsh austerity policies.”
All documents are in PDF format.
Budget Speech delivered by to the ACT Legislative Assembly by Treasurer Andrew Barr.
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