Budget 2023 - What it will mean for you!

ASU members won some big funding announcements in last night’s Federal Budget. But we have more to do. 

Click here to read our exclusive Budget analysis for ASU members.

Here is what ASU members have won:

·         National Net-Zero Authority to support workers and communities in the transition to a clean energy future. Energy Industry members please click here for further analysis.

The Net Zero Authority will be vital to:

·         Drive the creation of good, secure jobs in affected regions

·         Coordinate programs and policies across the government

·         Provide skills and training in new industries for the workers and communities that have been powering Australia for decades.

·         Increased funding to social and community services, including $67.5 million to save housing and homelessness services after a huge campaign by members - see more below.

·         Cheaper childcare commencing July 1 for 1.2million families

·         Expansion of Paid Parental Leave to 20 weeks

·         Extending Single Parent Payments from 8 to 14 years of the youngest child.

·         Super to be paid on the same day as wages. This means a 25-year old could be $6,000 better off at retirement.

·         Increasing funding for Local Government to $3.1b

Cost of living relief

The Government also announced a range of new measures to support members with cost-of-living relief including cheaper medicines, electricity bill relief, greater access to bulk-billing GPs and increased rent assistance.

There is more to be done to help Australians get by. That is why we are calling for a 7% pay rise in the Annual Wage Review which will come into effect on July 1 this year.

Take action and find out what a 7% wage increase could mean for you.

Raise the rate!

The Government have announced $4.9billion to increase income support payments including Job Seeker and Rent Assistance.

While these increases are welcome, they do not go far enough to lift people out of poverty.

The ASU is calling on the Government to increase income support payments by a minimum of $25 a day

Thank you to all members who have campaigned to ensure funding for frontline services and for our industries.


Above: Budget 2023