Cutting The Cost Of Energy Bills For Struggling Victorians Source:Premier 02 February 2021 The Andrews Labor Government is reducing the cost of energy for Victorians doing it tough, with a one-off $250 payment to help with their energy bills. Minister for Energy, Environment and Climate Change Lily D’Ambrosio announced today that low income households can now apply for the new Power Saving Bonus. The bonus is available to any households with a Victorian electricity account who holds a pensioner concession card or receives JobSeeker, Austudy, Abstudy or Youth Allowance. It will be available for 12 months and provide immediate financial relief to more than 900,000 Victorian households. ...

Read More →

‘Tax retirees’ super to pay for aged care’: ACOSS-By Jennifer Duke Australian Council of Social Service chief executive Cassandra Goldie Source:Theage Retirees could face a 15 per cent tax on superannuation earnings to help fund aged-care services under a federal budget proposal from the Australian Council of Social Service, while the long-term unemployed would be put into training or subsidised work experience. The social services lobby group is recommending a staggered reintroduction of the superannuation tax over the next three years to bring $2.5 billion worth of revenue into federal government coffers in 2022-2023. This money would be used to fund affordable aged-care services. ...

Read More →

Apply for a $250 Power Saving Bonus What you need to know before completing your application The $250 Power Saving Bonus for Pensioner Concession Card holders and some Health Care Card holders (including JobSeeker, Youth Allowance, Austudy and Abstudy recipients) is now available.  Before submitting an application for the bonus, please read the eligibility requirements. Eligibility requirements ...

Read More →

The new laws and changes coming into force in 2021 by Nick Whigham   As we prepare to put 2020 in our rear view mirror, Australians are no doubt keen to look ahead to 2021. But there will be some changes – good and bad – heading our way in the new year. Many of the notable changes relate to government policies brought in to help Aussies endure the coronavirus crisis. Some changes, like the Jobkeeper allowance will come into effect in the coming days, while others such as a planned tax on electric vehicles in certain states will happen mid year. Jobkeeper and JobSeeker changes For those relying on the federal government’s JobKeeper payment, brought in as the pandemic decimated the economy back in March, the dollar amount is about to drop. From 4 January 2021, the JobKeeper Payment rate is either: $1000 per fortnight $650 per fortnight – ...

Read More →