The Young Liberal Movement of Australia has welcomed Budget 2022 delivered tonight by Treasurer Josh Frydenberg MP. The Budget is a win for young Australians, delivering a plan to keep Australia's economy strong, and secure a stronger future.
Budget 2022 builds on the Morrison Government's plan for a stronger future, which has delivered the lowest youth unemployment in over a decade.
The doubling of the Home Guarantee Scheme to 50,000 places per year, will help the thousands of young Australian's looking to own a home. This will help first home buyers to buy a home with a deposit as low as 5 per cent.
The Budget also provides record funding for education, $180 billion over the next 4 years. This commitment to education has already delivered 30,000 new University places in 2021.
The Budget also invests in protecting our environment as Australia moves towards net-zero carbon emissions by 2050. The Budget includes an additional $1 billion in world-leading marine science to protect our Great Barrier Reef, and more then $170 million for threatened species and habitat restoration for our koalas.
Clark Cooley, Federal President of the Young Liberals said "This budget is a win for young Australians, delivering a plan for a strong economy, and stronger future."
Mr. Cooley continued "The Morrison Government's plan is working for young Australians, with youth unemployment at the lowest levels in over a decade."
Mr. Cooley concluded "Budget 2022 is an investment in young people in this country. The Budget delivers more jobs, record investments in education and other essential services, and help builds the renewable energy technology that we'll need as we move towards a net-zero future."