Page 1981 - Week 07 - Tuesday, 27 June 2023

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MR BARR (Kurrajong—Chief Minister, Treasurer, Minister for Climate Action, Minister for Economic Development and Minister for Tourism) (5.00): I move:

That this bill be agreed to in principle.

Introduction

The 2023-24 budget delivers better healthcare, more housing, and cost of living relief to the Canberra community.

Over the past decade, the ACT has been the fastest growing jurisdiction in the nation. This population growth is contributing to our economic growth.

The Territory is at full employment, with unemployment regularly under three per cent—the lowest in the nation.

We have achieved our 250,000 jobs target two years early; and we are on our way to 300,000 jobs in our economy by 2030.

But in the year ahead we face some challenges.

Many Canberrans are doing it tough due to inflation, and the interest rate increases designed to fight that inflation.

Inflation is a national and international problem, but through this budget we are delivering local solutions.

It starts with one of the biggest investments in housing in the territory’s history.

Our $345 million housing package will deliver new social and affordable homes for Canberrans; and accelerate major repairs and maintenance across thousands of our existing public housing properties.

It is a comprehensive response that delivers the housing that Canberrans need now and will need in the future.

This budget delivers targeted cost of living support for the households who need our support the most.

One of the most direct forms of financial support will see more than 43,000 Canberra households receive an $800 territory utilities concession every year.

In contrast to the one that came before us, this is an ACT government that builds hospitals.

Through this budget we will complete and open the major expansion to the Canberra Hospital and take significant steps to commence construction on the new northside hospital.


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