The Crest of the Commonwealth of Australia Treasury Portfolio Ministers
Picture of Wayne Swan

Wayne Swan

Deputy Prime Minister and Treasurer

3 December 2007 - 27 June 2013

16 May 2012

Interview with Mix 'The Bunch'

Mix 94.5 FM, Perth

SUBJECTS: Schoolkids Bonus, returning to surplus, Household Assistance package

ANNOUNCER:

Treasurer, good morning. Thank you for talking to us.

TREASURER:

Good morning. Good to be with you.

ANNOUNCER:

Treasurer Swan, the cash handouts to families that were announced in the Budget have proven popular. You've had a jump in the polls. When will West Aussie families start receiving these payments?

TREASURER:

Well, the Schoolkids Bonus will start coming through towards the end of June and of course that's a really important payment for a lot of people that feel the pressure when they're trying to make sure that their kids have got all the gear they need for school, whether it's getting a new jumper in the middle of winter, or a calculator, or whatever. Also there's a series of payments coming through associated with the Clean Energy Package and they will start coming through in the next month or so, particularly to families, but also to pensioners.

ANNOUNCER:

Now, Treasurer how confident are you that you'll be able to keep the country in surplus? I mean, things like the GFC weren't seen coming and those sort of things can pop up again sometime, can't they?

TREASURER:

(audio drop out) in our country because we did come through the global financial crisis and the global recession in great shape largely because we all worked together and we put in place a very effective stimulus which stopped people going to the wall. It stopped small businesses closing, it supported jobs, and supported employment. So if you're looking today in Australia, unemployment on average of 4.9 [per cent], lower here in Western Australia. Look at that very big investment pipeline that we've got. Look at the fact that we've got contained inflation. The economic fundamentals are good and we tend to look to Asia, we don't tend to look to Europe. Those issues in Europe are serious but we've taken those into account in our economic forecasts.

ANNOUNCER:

One of the headlines today is families receiving household compensation for the carbon tax over the next two weeks. Your government has launched $36 million advertising campaign to spread the word but the words ‘carbon tax' don't feature in it. People are asking, why is that?

TREASURER:

Well, we're paying these payments to assist people with the price impacts. I think everybody knows that the carbon price is starting on 1 July. We've actually been debating it for the last five years. What the ads are really about is just telling people why the money will be there in their account when it turns up. That's what it's really about. It's just very factual information. It's the assistance that we've talked about for the last couple of years. It's coming through and of course we'll have the Schoolkids Bonus coming through as well and then in a year's time to spread the benefits of the mining boom because not everybody even here in Western Australia feels in the fast lane of the mining boom, to make sure people get a little bit extra. I mean it's the same as (inaudible). I'm a Queenslander and there's a very big resource boom going on in Queensland as well but not everybody feels like they're in the fast lane of that. They feel like it's somebody else's boom

ANNOUNCER:

That's right.

ANNOUNCER:

That's very true. Are you in Perth for very long today?

TREASURER:

I'm just here for the day. I've always enjoyed my visits here. Being a Queenslander I think I've got a real affinity with all the sandgropers.

ANNOUNCER:

Well, thanks very much for your time this morning.

TREASURER:

Good to be with you.