, 27 tweets, 8 min read Read on Twitter
Here we go - #Budget2019 announcements in #FrankingCredits cash payments equivalents.
$2bn small business access to finance = 4 months of #FrankingCredits cash payments
$60 million for export market development grants = 3.7 days of #FrankingCredits cash payments
Urban Congestion Fund spend up to $4b = 8 months of #FrankingCredits cash payments
$500m commuter car park fund = one month of #FrankingCredits cash payments
$2bn for fast rail between Melbourne and Geelong = 4 months of #FrankingCredits cash payments
$1bn for freight routes = 2 months of #FrankingCredits cash payments
$100m for regional airports = 6 days of #FrankingCredits cash payments
$3.9b emergency response fund for future natural disaster recovery efforts = 7.8 months of #FrankingCredits cash payments
$525m skills package = 32 days #FrankingCredits cash payments
$62m to boost literacy, numeracy and digital skills = 3.8 days of #FrankingCredits cash payments

Yes. That’s right. Just under 4 days.
$9b in science, research and tech = 1.5 years of #FrankingCredits cash payments
$20b for Medical Research Future Fund = 3.3 years of #FrankingCredits cash payments
$400m for genomics research = just under 25 days of #FrankingCredits cash payments
$160m for research to improve health of Indigenous Australians = 9.75 days of #FrankingCredits cash payments

Less than 10 days.
$435m to extend pre-school education = 26.5 days of #FrankingCredits cash payments
PBS listings cost $10b = 1.7 years of #FrankingCredits cash payments
$461m for youth mental health and suicide prevention strategy = 28 days of #FrankingCredits cash payments
$725m for aged care = 44 days of #FrankingCredits cash payments
$100m environmental restoration fund = 6 days of #FrankingCredits cash payments
$3.5b climate solutions package = 7 months of #FrankingCredits cash payments
$328m for Commonwealth investment in women’s safety to fund prevention, response and recovery initiatives = 20 days of #FrankingCredits cash payments
$337m for “comprehensive” drug strategy = 20.5 days of #FrankingCredits cash payments
ASIO and AFP $570m = 34.8 days of #FrankingCredits cash payments
$680m to support our service men and women abroad = 41.5 days of #FrankingCredits cash payments
And compare
-$284m over 2 years for the energy supplement for pensioners, veterans & carers (but not Newstart recipients) with
-the $6bn they will spend in one year for #FrankingCredits cash payments for the wealthiest retirees.

PS. $284m = just 17 days #FrankingCredits
Finally - $100bn for infrastructure over a decade.
At current levels ($6b) = 16.7 years of #FrankingCredits

But soon #FrankingCredits will cost $8bn/year

Also, the Coalition regularly underspends on its projected infrastructure program - so take this with a grain of salt
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