YourLifeChoices attended the Budget Media Lock up this year so that we could be the first to bring you all the Budget news and how the Federal Budget 2017/18 will affect your retirement and retirement plans. 

Budget 2017 is a tame exercise designed to score political points, kickstart a weak economy and placate many special interest groups. And this it does rather successfully with the following measures announced: 

- Older Australians given incentive to downsize
- Pension Concession Cards will be reinstated to 92,000 pensioners
- Age Pension portability changes scrapped
- First home buyers to fast track savings using their super funds
- Age Pension residence requirement to increase
- Better access to Medicare bulk billing and PBS
- $13.9 billion of previous Budget measures have been dumped

 

How much will the bank levy cost you?

australian money and a calculator

How much will the bank levy cost you?

The Australia Institute has calculated how much the bank levy will cost if it’s passed ...

Top Stories

  1. Shorten escalates the fairness fight
  1. Banks upset at ‘surprise’ tax
  1. A missed opportunity
  1. Pension Concession Card reinstated
  1. Treasurer Scott Morrison’s Budget 2017/18 speech

Should you have to work until 70?

Tired older worker at desk

Should you have to work until 70?

Plans are still afoot to increase the Age Pension qualifying age.

Crunching the downsizing numbers

Crunching the downsizing numbers

Crunching the downsizing numbers

There may be a financial sting in the tail for those considering downsizing.

Coalition attacks Labor over NDIS

Coalition attacks Labor for not backing NDIS funding

Coalition attacks Labor over NDIS

Coalition attacks Labor for not backing a universal Medicare levy hike to fund the NDIS.

Banking sector opportunity

Budget 2017: banking sector blitz brings opportunity

Banking sector opportunity

Marcus Padley looks at what the bank levy means for bank shares.

One-stop financial complaints shop

One-stop shop for financial complaints

One-stop financial complaints shop

Will new one-stop shop make financial disputes easier to resolve?

Could pensioners be drug tested?

Could pensioners be drug tested?

Could pensioners be drug tested?

A proposal to target job seekers might eventually target all welfare.

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