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Seniors Finance

Budget predictions – Age Pension

In 2009 the current Government undertook the largest review of pensions since they were implemented in 1909. While this provided a much-needed financial boost at the time, little has changed since. Will this budget address the need for more money for senior Australians? n n

Government

Budget predictions – Clean Energy Payments

In response to the effect carbon pricing will have on household budgets, the Government has introduced compensation through Clean Energy Payments. But what will this mean for you at next week’s budget?

Seniors Finance

Budget predictions – Low Income Supplement

With no Age Pension increase on the cards in this year’s Federal Budget, much will be made of the Low Income Supplement. Details at the moment are sketchy but it could mean another $300 per year in your bank account.

Jobs for Seniors

Budget predictions – $1000 mature worker bonus

The pre-budget announcement two weeks ago of the $1000 mature worker bonus got everyone excited, until it was realised that the money was going to businesses who gave older workers a job, to the workers themselves. How far will $1000 go towards improving work prospects for older Australians?

Seniors Finance

Budget predictions – Aged Care reforms

The announcement last week of the Government’s proposed Aged Care reforms in response to the Productivity Commission’s report into caring for older Australians didn’t bring many surprises. But are these reforms enough?

Budget predictions – Disability Insurance Scheme

The National Disability Insurance Scheme (NDIS) is the first government policy in many years that can claim the tag of bi-partisan. While the coalition and state governments are dubious about the funding of an NDIS, this project is ear marked for commencement next year.

Online Magazine

How to make your smartphone your best friend

As with any technology in our lives, things eventually break. Until it stopped working, Amy had been relying on her computer as her access to the online world. She was left with a tough decision: fork out the cash for another computer or upgrade her mobile phone plan and use a smartphone for her daily internet access.

Foster Care is too expensive

Recently the New South Wales government cut the Foster Care Allowance for over 16s by more than $200 per fortnight.

It takes a village

It takes a village to raise a child, and I think we need to start opening our doors and our hearts just a little bit more.

Banking & Investment

Investing on a budget – how to make the most of your money on a low or fixed income

Over the last few years many Australians have found that making ends meet has become more difficult as the effects of the Global Financial Crisis hit investment markets and costs of living has increased. This has meant that for many Australians, the ability to save has been challenging.

Cruising

Q&A Cruising Solo

YOURLifeChoices reader Frank doesn’t want to pay full price for a double room when he goes cruising, but how can he avoid the dangers of being paired with an unknown roommate?

Medicare

Medicare-funded dental system

Tony Abbot called for the introduction of a Medicare-funded dental system on Tuesday this week. The Opposition Leader stated in his first major speech for the year that cheaper dentistry was “an aspiration not a commitment” and that such a program would not be possible until the Budget returns to a strong surplus.

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