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Budget Priorities

Achieving the Government's
Social and Economic Objectives

This Budget announces new measures to improve the living standards of all Australians. The Budget targets the Government's social and economic priorities, while retaining a sound fiscal position.

this Budget advances the Government's social and economic priorities	The Government's social and economic priorities provide the framework for the 2001-02 Budget. These include:
	maintaining a strong financial position for the Commonwealth while cutting taxes
addressing these priorities will improve our living standards	maintaining a fair and effective social safety net while at the same time encouraging greater participation in the work force
	strengthening our social and economic infrastructure, especially in rural and regional Australia.
	The 2001-02 Budget delivers a number of initiatives that target these priorities. These measures will:
	provide additional support for older Australians, and recognise the service of our veterans
this Budget provides greater incentives for economic and social participation	build a more active participation-based social safety net to substantially improve our welfare system
	ensure that Australia's health care system continues to provide high quality outcomes
	build on initiatives in recent budgets aimed at developing the social and economic infrastructure of rural and regional Australia
	further develop practical measures to assist indigenous Australians
	safeguard our natural resources
	improve the competitiveness of Australian business.