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Government > Resources > Federal Government > Federal Budget

Federal Budget

Where the savings will come from

The Government will make $33.6 billion worth of savings to fund the return to surplus.

Top Stories

  1. New Supplementary Allowance
  1. Tripling the tax-free threshold
  1. A fairer aged care system
  1. Nothing new for pensioners
  1. Support for older workers

National Disability Insurance Scheme

An NDIS will fundamentally change the way disability care and support is provided.

Better health

The Government will improve access to health care, new hospitals, mental health reforms and e-Health.

Commemorating the Centenary of ANZAC

The Government has committed $83.5 million to commemorating the ANZACs.

What’s in it for self-funded retirees

If you’ve worked hard all your life to fund your retirement, then you may be ...

Pension increases

Pension increases

From 20 September 2011 pension rates will increase in line with CPI resulting in an increase of $19.50 for a single Age Pension.

How much will you get?

Income test limits for pensions

Income test limits for pensions

The CPI rise in pension payments is also reflected by an increase in the amount of income you can receive before you lose your pension completely.

Centrelink income tests

Utility bills are on the rise

Utility bills are on the rise

YOURLifeChoices shows how to reduce your power costs and make your life that little bit easier.

Reduce your power costs now

Increased asset test limits

Increased asset test limits

Asset limits have been reviewed and increased in line with recent CPI pension increases.

Centrelink asset test

Guide to Centrelink

Guide to Centrelink

YOURLifeChoices answer your questions on the Age Pension, Starting retirement and using Centrelink Online Services.

Your Centrelink questions answered