Budget 2022 explained! | $800m for govt from local vape industry | $400m: Australian Lamb acquired
Episode description
The federal budget has shown off a $42 billion improvement to the government’s bottom line over four years, but there won’t be any direct assistance around cost of living pressures.
*Correction: The deficit is expected to reduce to just $36.9 billion.*
The government is looking at imposing tough new rules on the vaping industry, as a new analysis shows that regulating vapes could deliver an $800m budget boost.
Brazil’s Minerva Foods is buying Australia’s very own Australian Lamb Co for a whopping $400m.
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