Page 44 - Parenting Payment News Today

Responding to Pru Goward’s opinion piece last week, the head of ACOSS warns against looking at the symptoms of poverty rather than the real lack of opportunity that lies behind it.

The Australian Human Rights Commission has welcomed the release of the Parliamentary Joint Committee on Human Rights' Inquiry report on the ParentsNext...

The federal government has announced a national support scheme for workers in lockdown, called a “temporary COVID disaster payment”.

The Morrison government announced the payment on Thursday. A significant group of Australians will not be eligible to apply.

Heading into a post-COVID environment, several temporary social security measures have been amended and adjusted, creating different types of advice considerations for advisers and their clients affected by these changes, according to a technical specialist.

Tuesday nights Budget includes a $9billion war chest to be used for yet-unannounced purposes - sparking speculation Scott Morrison will call an early election by the end of the year. The fine print in the budget allows the government to set aside nearly $10billion for unspecified projects which have already been approved by the federal cabinet.  But the Australian prime minister denied on Wednesday morning that allocation in the Budget has anything to do with being re-elected. He fired up afte...

Australian plumbers, carpenters, electricians and farmers have been given a significant boost in the Budget - allowing them to instantly write off the cost of new equipment. Tradesmen with their own business can buy new utes and immediately claim them as tax deductions as part of the instant asset write-off scheme Treasurer Josh Frydenberg extended for a year in Tuesdays Budget. Farmers meanwhile can buy new tractors and claim the cost back through the governments full expensing scheme. Any ass...

Almost two million unemployed Australians will enjoy an extra $50 per fortnight as part of a $9.5billion boost to welfare payments revealed in the 2021 Federal Budget.  Treasurer Josh Frydenberg also announced the income-free area will be increased to $150 per fortnight for JobSeeker Payment and Youth Allowance.   This means recipients can have income up to $150 per fortnight before their payments will be decreased.  However to access the bonus, job seekers will be forced to apply for 20 jo...

News by Benjamin Graham 12th May 2021 5:12 AM The government claims it is "strengthening Australias safety net" by increasing the JobSeeker payment for almost two million Australians - while increasing their obligations and giving them "intensive activity" to do after six months of unemployment. Tuesdays federal budget today states that the government will provide $9.5 billion over the next five years to increase support for peopl...

*Farm Household Allowance *Partner Allowance. The partner income test taper rate will return to 60 cents for every dollar above the partner income free area. These changes mean that your rate of payment may vary over the period that includes April 1, 2021. The coronavirus supplement ended on March 31, 2021 and the new JobSeeker rate - after it was lifted by $50 a fortnight - starts from April 1 at $620.80 a fortnight, or $310.40 a week, which is over $44 a day. Research says 110,000 jobs ...