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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?

Superannuation

Super policy: back-to-front and inside out

Changes to the current superannuation policy are due to take effect on 1 July 2012, but have the Government got it right? Richard Shermon doesn’t think so, do you agree?

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.

Health News

Aged care reforms update

Following the recommendations of the Productivity Commission’s report into the future of aged care, Julia Gillard today announced the reforms, which her government believes will address the shortcomings of the current arrangements. How will these affect you?

Centrelink – Services Australia

Hank Jongen - the human face of Centrelink

Hank Jongen is the human face of Centrelink, a government agency on behalf of the Department of Human services, responsible for $100 billion in funds, 40,000 staff and 99% of the Australian population at some stage or another. But what is Hank really like? And what does he think of Centrelink’s service?

Centrelink – Services Australia

Hank Jongen - the human face of Centrelink

Hank Jongen is the human face of Centrelink, a government agency on behalf of the Department of Human services, responsible for $100 billion in funds, 40,000 staff and 99% of the Australian population at some stage or another. But what is Hank really like? And what does he think of Centrelink’s service?

Australian pensioners struggling with shortfall

The International Monetary Fund (IMF) has warned governments around the world that they will need to lift their countries pension age due to rising longevity. The news is very concerning to me, but not for the reason you may think.

Mining tax passes Senate

The mining tax will become a reality on 1 July 2012. The Government’s much-maligned vehicle for claiming back profits made by the mining magnates as part of Australia’s resources boom, passed the Senate last night by 38 votes to 32.

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.

Federal Government

GP helpline

What do you do if it’s the middle of the night and you’re feeling unwell but a trip to hospital seems extreme? A new after hours GP helpline could allay your fears until the morning. n

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