Pharmacy Daily | Union backs ‘responsible’ Budget

THE Federal Government's first Budget is being backed by the union that represents employee pharmacists, Professionals Australia (PA).

In a newly released analysis of the Budget, PA CEO Jill McCabe described it as "economically and socially responsible", in the face of slowing GDP, persistent inflation, rising interest rates and falling real wages.

This budget includes necessary repair measures given the structural budget pressures that have been inherited and includes $28.5 billion in budget improvements.

"While exercising spending restraint, the government's new spending is focused on high priority, targeted investments, which will relieve some cost-of-living pressures on Australian families and help drive a stronger and cleaner economy.

"Following the legislated emissions reduction target of 43% by 2030, it is pleasing to see the Government is acting on climate change and funding initiatives to generate cleaner and cheaper energy. It is also investing in priority Australian industries through the National Reconstruction Fund and nation building infrastructure projects, which will generate more skilled jobs in Australia.

"The Government's strong commitment to gender equality will be given effect by funding initiatives to improve women's economic participation and close the gender pay gap, which will also drive greater productivity and fairness in the workforce.

"The budget recognises that changes are required to the workplace relations system to strengthen job security and reinvigorate workplace bargaining so that better pay outcomes are achieved.

"The Secure Jobs, Better Pay Bill which was introduced to Parliament by the Albanese Government on 28 Oct 2022 will deliver these sorely needed workplace reforms."