The Government announced a $10.4 billion Economic Security Strategy to strengthen the Australian economy and support Australian households. It will be given as cash for Christmas to pensioners, seniors, carers and families, extra subsidies between $7000 and $14,000 for first home buyers, provide more training places and roll out ready-to-go infrastructure projects.
Who gets what???
One-off lump sum $1000 per child from December 8 for families who qualify for Family Tax Benefit Part A
First Home Buyers Grant doubled to $14000 for an existing home purchased between now and
June 2009
First Home Buyers Grant tripled to $21,000 for and newly built home purchased between now and 2009
Age pensioners get a single one off lump sum of $1400 from December 8
Wife and Widow B pensioners get $1400
Age pensioner couples get a one-off lump sum of $2100 from December 8
Self-funded retirees with a seniors health card get a one-off lump sum of $1400. Couples get $2100
56,000 new training places
Carer Payment one-off lump sum of $1400. Couples get $2100
Disability Support Pensioners receive a one-off lump sum of $1400. Couples get $2100
Veterans Affairs Service Pensioners receive $1400, with for $2100 for couples
Veterans Affairs Gold Card holders on seniors concession allowance get $1400. Couples get
$2100
Those of age pension age on Parenting Pension, Special Benefit or Austudy receive $1400, with
$2100 for couples
Carer Allowance one-off lump sum of $1000 for each eligible person being cared for
Spending on big building projects in health and hospitals, education, transport and communication to be brought forward
Your questions answered!!!
Q. Do all families with children get the $1000 per child payment?
A. No, only families who receive Family Tax Benefit A or those with dependent children receiving Youth Allowance, Abstudy or Veterans Education Scheme payments. In general a family with two children will have to earn less than $111,082 to qualify, those with one child will have to have a family income under $100,801.
There's still a lot of Questions answered... for more information visit...
