Coalition Leader Peter Dutton will unveil a plan to allow first-time buyers of newly built homes to be able to deduct mortgage payments from income taxes if he is elected on 3 May 2025.
The policy would mean a family on average incomes would be
… Read the restIn the lead up to the 2025 Federal Election, Anthony Albanese has announced a $2.3 billion investment that would slash the cost of household batteries by 30 per cent as part of a combined cost of living and climate change action pitch to voters.
At … Read the rest
Budget 2025.
Help to Buy shared equity scheme.
The Labor government will invest a further $800 million into its Help to Buy shared equity scheme to expand the program, now set to cost $6.3 billion.
This will allow those earning between $90,000 to $100,000 per year to be eligible. ($120,000 … Read the rest
Changes in Australian Aged Pension Rates between 2016/2017 and 2024/2025.
The Australian Age Pension is available to seniors whose income is considered low. It is increased every 6 months, in March and September.
These are the rate changes since March 2016.
Many unofficial websites and social media accounts are sharing false information about bonus Centrelink payments offering varying amounts of money, including $750, $1,800 and $4,100.
Centrelink state “These payments don’t exist.”
These often write about new ‘one off payment’, ‘Centrelink cash relief payment’ or ‘bonus payment’ … Read the rest
77.3% of all visits to general practitioners were bulk billed in October 2024.
In 2023-24, the proportion of general practitioners patients, who were never bulk billed was 13.6%.
79.0% of all visits to general practitioners were bulk billed in May 2024, an increase from the 75.6% in October 2023.
77.7% of all visits to general practitioners were bulk billed in March 2024.
82.2% in New South Wales.
78.5% in Victoria.
76.1% in Queensland.
75.5% Northern Territory.
74.4% South Australia.
71.3% Tasmania.
70.4% Western Australia.
52.7% Australian Capital Territory.
A change to the working hours rules, for eligibility to get the Carer Payment, will change in March 2025.
The current rules include:
Maximum of 25 working hours each week.
Centrelink customers with assets over $686,250, may be entitled to claim a changed asset limit by Pre-paying for their funeral.
This could save them up to $780 per year, based on paying $10,000 as a prepaid funeral plan.
This payment would reduce their assessable assets for the … Read the rest
