PRIVATE MEMBERS’ BUSINESS: ECONOMY

I rise to speak on the motion moved by the Member for Forde. And what a good motion it is—more good news for our economy and more jobs created under the Coalition government’s strong economic management. Since coming to government in 2013 we’ve created a million jobs and counting. Now with economic growth and jobs growth exceeding expectations, while this continues we can expect a lift in wages growth, in the words of the RBA Governor.

Jobs and wage growth are my constituents’ number one concern. What are we doing to create more jobs, they ask. Those who are putting in the hours at work, they’re still struggling to meet rising power prices and cost of living. So I’m pleased to tell them under the Coalition, unemployment is at its lowest rate since 2012. Last year we created over 400,000 jobs. Three quarters of these were full time jobs.

Compare that to the previous Labor government. They averaged less than 150,000 new jobs each year. And when they left office, unemployment was going up—they were losing full time jobs!

In my electorate the effects of our booming economy have been clear. I have to thank the Member for Forde for one project that has been a boon for local jobs. He started the fight for funding to upgrade the M1. It was great to work with him and my Queensland colleagues to secure $1 billion for these vital upgrades. Not only will these upgrades reduce peak hour congestion, getting people to work sooner and safer, they will also support up to 450 local jobs. A double win for the local economy!

Another jobs-generating, congestion-busting project that’s now underway in my electorate is the upgrade of the Green Camp Corridor. I’ve enjoyed seeing construction start on this much-needed project. And then there’s the $300 million Brisbane Metro project, which is now in the expression of interest phase. Another example of this government’s commitment to invest in vital infrastructure while creating local jobs.

There are many more small-scale projects in my electorate this government has invested in that will provide a boost for the local economy and local employment. I’m seeing the benefits firsthand and I fully support this motion and this government’s commitment to strong economic growth.

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LOWER, FAIRER AND SIMPLER TAXES DELIVERED FOR WORKING AUSTRALIANS IN BONNER

The Turnbull Government has delivered income tax relief for all Australian workers.

In passing our Personal Income Tax plan through the Parliament, the Government has ensured all Australians paying tax will be better off. They will be paying less tax, and will be rewarded for their hard work both now and into the future, Federal Member for Bonner Ross Vasta said today.

“Taxes in Australia will now be lower, fairer and simpler. Over 66,500 people and their families in my electorate of Bonner will benefit from tax relief of up to $530 in 2018-19,” Mr Vasta said.

“This is a win for all working Australians who want to get ahead. You will have the certainty that when you earn more, get a pay rise or work more hours, you won’t face ever-increasing tax rates.”

“Under our plan, 94 per cent of Australian workers will not face higher marginal tax rate of more than 32.5c in the dollar, with our first priority low and middle income earners because we understand the benefits of a stronger economy have not yet flowed to all.”

More information on the legislated Personal Income Tax Plan is available at https://www.budget.gov.au/2018-19/content/factsheets/7-pitp.html.

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BUDGET DELIVERS LIFE-CHANGING CANCER MEDICATION FOR PATIENTS IN BONNER

The Turnbull Government has announced in the 2018-19 Budget the listing of a life-changing breast cancer medicine on the Pharmaceutical Benefits Scheme that would otherwise cost patients around $71,820 per year.

Federal Member for Bonner, Ross Vasta, who today attended a Breast Cancer Australia afternoon tea held for women undergoing treatment for breast cancer, welcomed the announcement.

Mr Vasta said the Government’s $703.6 million investment will mean more than 3,000 Australian patients with inoperable or metastatic hormone receptor positive breast cancer will benefit from the 1 July 2018 listing of ribociclib (Kisqali®).

“Hormone receptor positive tumours are the most common form of breast cancer and account for most of the deaths from the disease,” Mr Vasta said.

Minister for Health Greg Hunt, who also attended the Breast Cancer Australia afternoon tea, said by inhibiting two proteins that drive the growth of tumour cells, ribociclib—used in combination with other drugs—will slow the progression of inoperable and metastatic breast cancers in some patients.

Mt Gravatt local Dr David Hunt welcomed the Government’s decision.

“As someone who's lost their mother to breast cancer, I think this Budget decision is close to the heart of many families in our nation,” Dr Hunt said.

“I applaud the Government on this decision. I believe it will help many women overcome this disease in Australia.”

The independent Pharmaceutical Benefits Advisory Committee (PBAC) recommended the listing of Kisqali.

The Committee is, by law and in practice, independent of Government in its deliberations.  By law the Federal Government cannot list a new medicine without a positive recommendation from this committee.

Mr Vasta said since coming into Government, the Coalition has helped improve the health of Australians by subsidising approximately $9 billion worth of new medicines.

Minister for Health Greg Hunt said the Government’s commitment to the PBS is rock solid. 

“Together with Medicare, it is a foundation of our world-class health care system,” Minister Hunt said.

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CELEBRATE NATIONAL FAMILIES WEEK IN BONNER

Member for Bonner, Ross Vasta MP today invited locals in his electorate to celebrate National Families Week and honour the central role that families play in our lives and our communities.

National Families Week runs from 15 to 21 May and has the theme ‘Stronger Families, Stronger Communities’. The United Nations International Day of Families is also on 15 May.

Mr Vasta said the week allowed people to reflect on the families who supported Australian children to grow up happy, healthy and strong.

“Families play such an important and central role in our community,” Mr Vasta said.

“National Families Week is a great opportunity to come out and help celebrate your family, your neighbours’ family and all the families who contribute so much to this country.

“I’m pleased to see the Turnbull Coalition Government is providing over $117 billion to support Australian families this financial year.

“We provided a further $652 million in 2017–18 under the Families and Communities program, which includes children and parenting support, settlement grants and emergency relief.

“We invest significantly in programs that support children and families, including parenting programs and family relationship services.”

This week, more than 100,000 people will participate in National Families Week events around the country. To find an event near you, visit https://nfw.org.au/find-an-event/.

Further information on the Turnbull Coalition Government’s Budget commitments for families can be found at https://www.budget.gov.au/2018-19/content/families.html.

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