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SINGAPORE – Deputy Prime Minister and Finance Minister Lawrence Wong announced more support measures and payouts to help households, workers and businesses deal with inflation in the Budget speech on Tuesday.

Here are some highlights from his speech: 1. Assurance Package top-ups and payouts ST PHOTO: BENJAMIN SEETOR A total of $3 billion will be pumped into the Assurance Package. The package will cost $9.6 billion, up from $6.6 billion.

Payouts will come in the form of a new Cost-of-Living Special Payment of between $200 and $400 for each eligible adult Singaporean. An additional senior bonus of between $200 and $300 will be given to each eligible Singaporean aged 55 and above.

Cash payouts will be increased by between $300 and $650 for eligible Singaporeans, bringing the total amount received by each adult Singaporean to between $700 and $2,250 over five years.

Singaporean households will also receive $300 in Community Development Council (CDC) vouchers in January 2024, up from the $200 the Government had earlier announced.

READ FULL STORY: Sporeans to get more in GST voucher, cash payouts to cope with rising costs 2. Housing measures and grants PHOTO: ST FILE Families with young children, as well as married couples aged 40 and younger buying their first home will get more support in their house hunt.

This group of home seekers will get an additional ballot chance for their first Build-To-Order flat application. This will be implemented later in 2023.

For those buying resale flats, the Central Provident Fund Housing Grant will, with immediate effect, be increased from $50,000 to $80,000 for eligible families purchasing four-room or smaller resale flats for the first time, and from $40,000 to $50,000 for those buying five-room or larger flats.

READ FULL STORY: Higher grant for first-time HDB resale flat buyers; additional BTO ballot chance for some 3. Higher taxes for high-value property, luxury cars and tobacco PHOTO: ST FILE Buyers stamp duty for residential properties: The portion of the propertys value in excess of $1.5 million, and up to $3 million, will be taxed at 5 per cent, up from the current 4 per cent. The portion in excess of $3 million will be taxed at 6 per cent, up from the current 4 per cent.

Luxury cars: Buyers of vehicles with open market value (OMV) of more than $40,000 will pay higher marginal additional registration fee (ARF) rates than they do today. For the highest OMV tier, the revised ARF rates will be 320 per cent, up from 220 per cent today.

Tobacco: Excise duty across all tobacco products will increase by 15 per cent from Tuesday.

READ FULL STORY: Help to weather inflation, more progressive property and vehicle taxes 4. CPF monthly salary ceiling to rise PHOTO: ST FILE The CPF monthly salary ceiling will be increased from $6,000 to $8,000 in 2026 to keep pace with rising salaries.

The increases will be phased in over four years, starting from 2023, to allow employers and employees to adjust to the changes.

READ FULL STORY: CPF monthly salary ceiling to be raised to $8,000 by 2026 5. Baby Bonus boost ST PHOTO: FELINE LIM The Baby Bonus cash gift will be increased by $3,000 for all eligible Singaporean children born on Feb 14, 2023 and after. This means first and second children will receive $11,000, up from $8,000. For the third child onwards, the gift will be $13,000, up from $10,000.

Parents can expect up to $9,000 in payouts in the first 18 months of the childs life. Subsequently, $400 will be paid out every six months starting from when the child is two years old until the child turns 6.

Government-paid paternity leave will be doubled from two weeks to four weeks for eligible working fathers of Singaporean children born on or after Jan 1, 2024.

The one-off Baby Support Grant of $3,000 will be extended to children born from Oct 1, 2022 to Feb 13, 2023. It was previously for children born from Oct 1, 2020 to Sept 30, 2022.

READ FULL STORY: $3k more in baby bonus, more financial support for childrens early years 6. More support for workers ST PHOTO: LIM YAOHUI The Government will continue to provide wage offsets until 2025 to employers who hire senior workers.

It will extend the Part-time Re-employment Grant until 2025 to encourage employers to offer part-time re-employment, other flexible work arrangements, and structured career planning to senior workers.

It will pilot the role of Job-Skills Integrators in precision engineering, retail and wholesale trade sectors. These integrators, which can be existing institutions, will engage enterprises to understand the manpower and skills gaps in the sector and work with training providers to close these gaps.

To encourage firms to employ former offenders, the Government will introduce the Uplifting Employment Credit to provide wage offsets for a limited time.

READ FULL FULL STORY: Jobs-Skills Integrators to ensure training leads to good job prospects 7. Tax deductions for donations extended PHOTO: ST FILE The 250 per cent tax deduction for donations to Institutions of a Public Character, or registered charities, and eligible institutions which was announced in Budget 2021 will be extended for three years to the end of 2026.

To further support social service agencies that serve seniors, there will be a $1 billion top-up to the Community Silver Trust that allows the Government to match donations dollar for dollar.

READ FULL STORY: Govt to extend 250% tax deduction for donations until 2026 More On This Topic Govt will help Sporeans tide through tough times and uncertainties, says PM Lee Singapore Budget 2023: Read more stories, views and analyses

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A ‘revenge’ reshuffle, the next budget and asylum – 30 things to watch for this upcoming political season

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A 'revenge' reshuffle, the next budget and asylum - 30 things to watch for this upcoming political season

We’re back. From Monday, MPs will stream under the portcullis back into the Commons chamber. But this is far from a straightforward autumn, with dangers for all the leaders lurking everywhere.

On the Politics at Sam and Anne’s podcast, released each morning at 7.45am, Anne McElvoy and I give the first guide of the day to what’s coming up.

To get you back in the mood, listen to our back-to-school episode and our “summer box set” deep dives on key issues, and listen daily from Monday.

👉Listen to Politics at Sam and Anne’s on your podcast app👈

Here are 30, no less, things to look out for the autumn, explaining why you can’t tune out from what promises to be a very exciting term.

1. Despite firm Downing Street denials before the summer that this would happen now, there’s highly likely to be a ministerial reset next week.

2. Although the cabinet is likely to be safe, and people like Bridget Phillipson were given personal guarantees from Sir Keir Starmer that they are going nowhere, some in Number 10 have been pushing that the whips should be included in the reshuffle after the welfare vote catastrophe before the summer.

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3. Find out the very latest when we return properly on Monday, Politics at Sam and Anne’s – back daily, in your feeds from 7.30am.

4. And it’s going to be a good one, since everyone expects it to be a “revenge” reshuffle – among the targets are thought to be some ministers actively believed to have been helping the welfare revolt, and loyalists want to see them sacked.

“Loyalists called Josh” will be promoted, said one aide, waspishly.

5. Having redeployed the Number 10 principal private secretary, the official who helps filter advice to Sir Keir, this critical role is now expected to be filled by Dan York Smith, a longtime Treasury aide.

This matters because for many years, this Treasury official was in charge of the budget process and subsequently worked on tax policy. So, Number 10 cannot pretend it doesn’t have the expertise in the run-up to the budget.

6. Indeed, the date of the budget might come next week. The Office for Budget Responsibility (OBR) needs at least 10 weeks’ notice.

By my calculations, that would seem to take us to the second week of November, just past half term. Here’s hoping there’s no clash.

7. You can hear more about Chancellor Rachel Reeves’ challenges in the budget in an economics and Treasury special of the Politics at Sam and Anne’s podcast featuring Ed Conway, part of our summer deep dive into key issues facing the government.

8. The OBR’s twice-yearly assessments have turned into hideous trials for Reeves, since she repeatedly decided to borrow so close to tight self-imposed limits.

Reeves could decide this autumn to move from two to one OBR assessments a year – if you don’t ask the question, you can’t get a bad answer.

9. At the start of the summer, economists were suggesting the OBR would say at the November budget that there is a £20-30bn black hole to meet her fiscal rules. Over the summer, that seems to have extended to £40-50bn. Thankfully for ministers, nobody knows – yet.

10. The Treasury has adopted a position of refusing to shut down any idea being floated to raise money in the budget. Therefore, EVERY idea is being treated with equal prominence and horror.

Whether or not people – eg house movers – start adjusting behaviour because of the speculation.

11. First quote to bookmark, Rachel Reeves in response to suggestions that the answer is a wealth tax on 1 August: “In the budget last year, we got rid of the non-domicile status in our tax system, so people who make Britain their home have to pay their taxes here.

“We increased taxes on private jets, on second homes, and increased capital gains tax (CGT), so I think we’ve got the balance right in terms of how we tax those with the broadest shoulders.”

12. Second quote to bookmark: After the Tories suggested Labour might scrap the capital gains tax exemption on primary residences before the election, Sir Keir said in June 2024 that he could “absolutely” guarantee that they would not.

“This was just a desperate story by the Tories in relation to capital gains tax on primary residences,” he said, adding: “There was never a policy so it doesn’t need ruling out, but let’s rule it out in case anybody pretends that it was.”

A Labour spokesman went further, saying that Labour would not put CGT on primary residences and said: “It’s a bad idea.” Put this point in your favourites.

13. Neither the main parties will be returning to Westminster with too much of a spring in their step. This week’s YouGov/Sky News poll put Reform UK on 28%; Labour on 20%; the Tories on 17%; Lib Dems on 16% and the Greens – mid leadership contest until next Tuesday – on 11%.

The Labour figure is their lowest so far this parliament (and indeed, lowest since 2019).

14. The conference season hits with a bang. Next Friday and Saturday is Reform UK in Birmingham, 5 and 6 September. The Trades Union Congress (TUC) is the following week, Sunday 7 to Wednesday 10 September.

Labour conference begins the following Sunday – the 27th – in Liverpool, Greens on 3 October and Tories begin on 5 October in Manchester.

15. There will be extra episodes of Politics at Sam and Anne’s over the conference season. We are going to do Sunday lunchtime episodes at Labour and Tories, since everyone’s weeks start a day earlier.

There’ll be quick turnaround episodes after the key speeches. Make sure you keep coming back to our podcast feed.

16. Of all the different conferences, the Tories’ feels like it could be the most consequential. It’s Kemi Badenoch’s first as leader – the leadership contest was underway last time.

She’s likely to announce a policy of leaving the European Convention on Human Rights (ECHR) and pausing the various refugee conventions signed after the Second World War, although Nigel Farage has stolen her thunder.

Even front benchers were unimpressed with her “wasted” summer – talking about her loss of faith rather than hammering Labour and Reform UK on the economy. It needs to go well for her.

17. And in the middle of this is Donald Trump’s state visit from 17 September to 19 September, while the UN General Assembly (which may have Angela Rayner rather than Sir Keir attending) is 23-27 September, and the European Political Community is in Budapest on 2 October. The Commons is back after conference season on 13 October – which feels late.

18. Migration, asylum and deportation have dominated the summer. Home Secretary Yvette Cooper did manage a holiday – but has lots to do.

Asylum seekers who are refused sanctuary in Britain are seeing their appeals take an average of 54 weeks to be heard.

There were 50,976 outstanding appeals as of March, which is almost double the number compared with 2024, and seven times higher than in 2023 on top of the almost 79,000 asylum claims awaiting an initial decision.

As of March, there were a total of 106,771 asylum seekers in receipt of taxpayer-funded support, including 32,345 in hotels. Asylum seekers received this support for an average of 413 days.

Taxpayers coughed up £3.1bn for hotel accommodation for asylum seekers in 2023-24, which equated to about £8m a day. Phew.

19. Some of the migrants detained before deportation to France are appealing on human rights grounds, delaying the first individuals going back.

Separately, the Home Office is waiting for the outcome of its appeal against Epping Forest District Council after the High Court ruled that migrants must be removed from the Bell Hotel after the council claimed it had become a “feeding ground for unrest”.

Finally, the Home Office is waiting for the French government to change maritime law to empower French police to tackle migrants in the Channel, but the government may collapse before it can.

20. While Reform UK has pledged to leave the ECHR and the Tories are likely to follow suit at conference, Labour moves are much more limited. Yvette Cooper is reviewing Article 3 (privacy) and Article 8 (family life). Will we hear the outcome of that at Labour conference?

21. Also this autumn, from the Home Office, you’re going to see two other big things. There’s the (delayed) strategy to halve violence against women and girls. There wasn’t much money for this extremely ambitious target in the spending review, but charities are still being told to think big.

22. There’s also going to be a police white paper. This needs to generate a reform plan, which can form part of a pitch to the Treasury for more money for policing in the budget. Could this include force consolidation? Not yet clear.

23. You can hear more about all the challenges in home affairs with veteran home affairs journalist and one-time Labour adviser Danny Shaw on a Politics at Sam and Anne’s special. Shaw is far from clear that the French plan will work as a deterrent, and points out that the rest of the EU has to agree to make the plan permanent.

24. French President Emmanuel Macron will recognise a Palestinian state on 24 September, just after Donald Trump’s departure from the UK after a state visit.

Officials believe Sir Keir will hold true to his pre-summer ultimatum to Israel and recognise a Palestinian state at the same time – but the politics of this is tricky and will put him at odds with Trump during the state visit.

25. US network CBS has reported that the US has stopped sharing Ukraine intelligence with the Five Eyes network, including Britain. This will be high on the agenda for the state visit when Sir Keir meets Trump.

US Director of National Intelligence Tulsi Gabbard said in a memo that all information on Russia-Ukraine peace negotiations be withheld from US allies, and talks were reportedly classed as “NOFORN” by US intelligence, meaning no foreign dissemination. Gabbard subsequently denied this.

26. In other foreign news for the autumn, the European Commission has to determine its mandate for the new deal with the UK, which will bring our SPS – food and agriculture safety – rules in line within the bloc, and consequently mean less friction in trade.

There’s a “common understanding” but no final decision on the EU side. EU relations minister Nick Thomas-Symonds, who is leading on this, thinks he can complete negotiations by 2027. Will he succeed?

27. Health Secretary Wes Streeting had a better summer than most. He got the 10-year NHS plan out of the door pre-summer, although the NHS finances remain in a terrible state.

But he managed at least to pause the resident (junior) doctors’ strikes. While there isn’t a resolution, this is a start. Can he follow through?

28. Education Secretary Bridget Phillipson has a much trickier autumn ahead. She will oversee reform of Special Educational Needs and Disabilities (SEND) which – if mishandled – could lead to the biggest clash with Labour MPs since the welfare revolt.

It may not – but we haven’t heard much detail or pitch rolling. They want to “tilt (special needs) back to the mainstream” – with Canada as a model. It’s “going to take years”, and there is no overnight fix, I’m told. But this is delicate and MPs are worried.

There’s also a wider white paper that seeks to boost extra-curricular activities, and Phillipson will continue her focus on early years, although nursery funding remains a contentious area.

29. …deep breath. There’s also a curriculum review, seeking to embed “oracy, criticality and digital skills”, while the delayed new Ofsted grading system comes in.

Also, they’re working on how to improve university funding sustainability – which sounds like annual inflation increases in tuition fees.

30. Will the Lords kill the Assisted Dying Bill? This will come down firstly to arcane rules on timing in the Lords. There are two sitting Fridays a month.

But then, even if it manages to pass the Lords, there are currently no further sitting Fridays in the Commons scheduled for this session, so the government will come under pressure to put on some extras – but have said they won’t intervene to give it more time.

One senior government figure (who backs it) told me they thought the chances of it passing are worse than 50/50.

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Sports

LSU’s Haulcy to serve first-half ban for ’24 fight

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LSU's Haulcy to serve first-half ban for '24 fight

LSU starting safety A.J. Haulcy will be suspended for the first half of Saturday’s game at No. 4 Clemson, the NCAA told ESPN on Thursday.

Haulcy, who transferred to LSU in May and was considered one of the top defensive players available in the portal, was suspended for a fight in his final regular-season game last year while playing for Houston.

The news came as a surprise to No. 9 LSU, as team officials were not informed of the suspension until Wednesday, sources told ESPN. The suspension leaves LSU without a key member of its secondary in a road game against Clemson’s Cade Klubnik, one of the country’s top quarterbacks.

Haulcy was ejected for his role in a fracas late in Houston’s 30-18 loss to BYU in November.

A few factors might have led to some of the ambiguity and confusion around the suspension. Haulcy was initially ejected for unsportsmanlike conduct, a penalty that wouldn’t generally yield a suspension. However, officials clarified after the game that Haulcy was ejected for fighting, which does result in a suspension.

Houston’s coaching staff was made aware of the classification of his ejection and the first-half suspension in December 2024 in a formal letter from the NCAA. According to sources, Haulcy says he was not informed.

Haulcy’s transfer to LSU in May also appears to have caused some communication issues on the suspension, though NCAA rules are clear that a suspension follows a player after a transfer and there is no appeal process.

Clemson finished No. 15 in the country in pass offense last season and returns Klubnik and a majority of its offensive weapons. LSU’s secondary was a weak spot last year, as the Tigers finished No. 76 nationally in pass defense.

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Badgers QB Edwards exits with lower-body injury

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Badgers QB Edwards exits with lower-body injury

Wisconsin starting quarterback Billy Edwards Jr., a transfer from Maryland, was ruled out of Thursday’s 17-0 home win over Miami (Ohio) after leaving in the first half because of a lower-body injury.

Edwards was injured on a noncontact play in the second quarter after he handed off the ball and then started running. His left leg buckled and he fell to the turf. Edwards, 6-foot-3, 228 pounds, went into Wisconsin’s injury tent before walking to the locker room.

He was not in uniform on the Badgers’ sideline during the second half, and was replaced by Danny O’Neil, a transfer from San Diego State.

When asked about Edwards’ status after the game, Wisconsin coach Luke Fickell told the Big Ten Network: “Don’t know anything as of now, but he’s out here with us. That’s a good sign.”

Wisconsin made a significant offseason push for Edwards, who started 11 games for Maryland last fall and finished second in the Big Ten in passing yards average (261.9 ypg) and fourth in completions (273). He earned 2023 Music City Bowl MVP honors in leading Maryland to a win over Auburn.

Edwards began his college career at Wake Forest before transferring to Maryland in 2022.

In 2024, the Badgers lost quarterback Tyler Van Dyke, a transfer from Miami, because of a torn ACL against Alabama in Week 3.

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