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The country is staring down a potential trillion-dollar debt, and the federal budget will reveal where Australia stands.
Yellow Brick Founder, Chairman, and mastermind behind Wizard Home Loans, Mark Bouris, told Peter Fegan on 4BC Breakfast, "Let's hope...the Treasurer actually discloses to us and puts us in the full picture, like complete transparency, how much money you're actually going to spend and show us what you've taken out of the budget and put on the side."
"So that we know whether this is actually a surplus or actually a deficit and can we afford it."
"Ultimately, you can't keep spending money that you don't have," Mr. Bouris said.
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Jim Chalmers pre-budget speech in Brisbane was interrupted yesterday by protestors from the anti-coal group, Rising Tide.
One of those protestors Paul Gabbert told Peter Fegan on 4BC Breakfast, "it happened, it worked. And I think it's an important part of our democracy that we can question leaders in government around what their policies are and their lack of action on whatever issue it is."
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Listen to 4BC Breakfast with Peter Fegan weekdays from 5.30am-9am.
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Queensland’s best bowls and surf clubs have been awarded with The Sands Bowlo, located in Sandgate, taking out the top gong thanks to it's 'vibrancy'.
Other standout venues included Caboolture Sports Club, Club Services Ipswich and the Mooloolba Surf Club.
Clubs Queensland CEO Kelly Egan told Peter Fegan on 4BC Breakfast, "So we had 330 nominations from 70 different clubs, an outstanding effort and it's an opportunity to reward what they do."
"When you talk about community clubs, you're talking about $560 million a year being put back into communities by grants and facilities management and employment." Mr. Egan said.
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Listen to 4BC Breakfast with Peter Fegan weekdays from 5.30am-9am.
See omnystudio.com/listener for privacy information.
Last week an 18-year-old youth offender was sentenced to probation for stabbing an army veteran in an incident that was described as a “retaliatory ambush” and "chilling" by the judge.
Deb Frecklington has now stepped in a search for some justice in this case.
Queensland Attorney-General and Minister for Justice and Integrity Deb Frecklington told Peter Fegan on 4BC Breakfast, "This teenager was charged under the former laws and he was sentenced under the former laws as his right."
"Under the new laws, this kid would have been sentenced as an adult as he should have been under the new laws."
"In this case I'm very bothered by it and that's why I'm seeking that advice on the appeal."
"His behaviour outside of court, people were rightfully very shocked by that, I mean, I thought it was disgraceful," Mrs. Frecklington said.
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Treasurer Jim Chalmers has revealed that the rebuild after ex-Tropical Cyclone Alfred will cost Australia $1.2 billion.
However, some are saying that Labor is using the disaster as a cover up for their reckless spending.
Leader of the National Party David Littleproud told Peter Fegan on 4BC Breakfast, "I'd be interested to see the modelling on this from Treasury."
"Treasury's been weaponised before by Jim Chalmers."
"If you remember when we were trying to help the the hospitality industry who had lost 165,000 jobs in getting some FBT support for lunches to get people back out into the hospitality sector, he said it was going to cost $10 billion because Treasury had modelled it."
"Now, I think he's trying to soften us up for what's coming in the budget and it's not good news," Mr. Littleproud said.
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The Reserve Bank of Australia and the Federal Government are about to make a major change to Australian currency by removing Queen Elizabeth II from the five dollar note.
It will be replaced with what has been described as “the enduring, emotional, spiritual and physical connection of First Nations people to the Country."
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Coal Australia is calling on the Queensland government to reduce the state’s punitive coal royalties since the new GST split means the Sunshine State gets less from the Federal Government because we are taking more from the mining companies.
Former broadcaster and Coal Australia CEO Stuart Bocking told Peter Fegan on 4BC Breakfast, "Queensland is now the only state to have its allotment of GST funding slashed."
"By 2028 the total share of Queensland GST gone will be $5 billion." Mr. Bocking said.
"How does that work for Queensland?"
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Listen to 4BC Breakfast with Sofie Formica filling in for Peter Fegan.
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From the publisher's feed
If it's happening in Brisbane, you'll hear about it first on 4BC Breakfast.