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Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Aug 16, 1972
Page
2
The government reviews long term farm credit facilities and outlines a budget adjusting funds for farm capital, aviation purchases, and public works. It notes increases in departmental expenses, wage costs, and new schemes to expand support for rural, arts, and Aboriginal programs set to commence in 1972 73.
The Commonwealth announces a broad budget covering aid to developing countries, details for Papua New Guinea, and large boosts to education. Total aid reaches 220 million with 14 million for PNG and 426 million for education including 138 million for universities. Scholarships rise, living allowances expand, and means tests loosen. New Home Savings Grants adjust eligibility and limits. Total cost near 845 million this year with 70 million for War Service Homes advances.
Mrs Irene Ellis of Victoria, national secretary of the Australian Commonwealth Pensioners Federation, warned that pensioners would still live on the breadline. She criticized the Budget for not delivering a pension at 3 percent of average weekly earnings, despite a modest rise of 1.78 dollars for singles and 1.25 for married pensioners. The only positive note was the higher allowance for dependent wives, while the proposed three year means test abolition offered no guarantee of a livable pension.
Health officials outlined a package to extend financial protection for nursing home residents and those cared for at home. The plan includes a nursing home insurance benefit, domiciliary care payments, and expanded subsidies for home nursing, hostel accommodation, and personal care services. Costs are projected at 16.9 million for 1972-73 and 43.9 million in a full year.
The 1972 Budget signals renewed emphasis on overseas aid with total social year spending at $220,086,000, up 10.1 percent from last year. Bilateral commitments rise to $57.4 million while multilateral aid grows to $317.9 million, with New Guinea receiving $121.3 million. Proposals include child care subsidies for low income families, non profit centres, staff subsidies, and pension increases.
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