So we have the official word on what the budget is, but how does everyone feel about the budget?
We’ll keep this page updated with reactions as we receive them so check back.
Shane Rattenbury starts us off, and is obviously a bit happy about what’s going on (he should be, he helped write the thing):
ACT Greens member for Molonglo, Shane Rattenbury has welcomed the 2013-14 ACT Budget, saying that it provides a level of fiscal responsibility and foresight that will see Canberra become a more sustainable city in to the future.
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“Of particular note are two big picture projects that the Greens have advocated for over some time: light rail for Canberra and the Common Ground initiative,” said Mr Rattenbury.
“Light rail for Canberra is progressed with $18.7m for Capital Metro and the light rail master plan; this will be an historic milestone for Canberra’s public transport and its future development.
Jeremy Hanson doesn’t like the budget! I’m as shocked as you are Rioters.
The Budget handed down today is a classic ‘Wayne Swan’ special, full of debt, deficit and deceit, said Leader of the Opposition Jeremy Hanson.
“After promising responsible economic management, Labor has increased borrowings from $2.7 to $3.5 billion dollars. Money Canberrans have to repay and cannot be spent on real projects.
“The interest bill on the borrowings is over $655 million – enough to build and staff an entire hospital this term alone, debt free.
“The deficit is over $340 million, a massive running deficit that is simply unsustainable.
“And the deceit is astonishing. There is no excuse for the debt and deficits – revenue will actually grow by about $250 million a year and will be a billion dollars a year more by the end of the out years. And astonishingly, over the next four years Labor will spend $668 million in excess of this funding growth.
Johnboy taking over now for the sickly Barcham.
The Ratepayers’ Association says quadruple rates are now on the cards.
The Chamber of Commerce are leading with approving noises before noticing the deficit is expanding and the ACT PS is not getting a haircut.
The Convention Centre has expressed its pleasure at getting slipped a bung.
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