What we know about the $250 cash payments for aged, family and disability welfare recipients in the 2020 Budget
4 years, 2 months ago

What we know about the $250 cash payments for aged, family and disability welfare recipients in the 2020 Budget

ABC  

Cash payments totalling $500 are about to line the pockets of around 5.1 million pensioners and other eligible recipients. The two $250 payments were announced as part of the Federal Budget handed down by Treasurer Josh Frydenberg on Tuesday night. If you receive any of the following payments or if you hold any of the following healthcare cards, then you're eligible: Age pension Disability Support Pension Carer Payment Family Tax Benefit, including the Double Orphan Pension Carer Allowance Pensioner Concession Card holders Commonwealth Seniors Health Card holders eligible Veterans' Affairs payment recipients and concession card holders When will they be paid out? "There are a number of other very useful initiatives in aged care, but the big aged care budget's clearly going to be in May next year after the royal commission's reported." "We fully support the broad and amazing range of economic stimulus job creation programs, and we support the targeting of younger Australians as a vulnerable group," he said.

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History of this topic

Aged Care Taskforce rejects tax levy and proposes funding based on personal wealth
9 months, 2 weeks ago

Aged Care Taskforce rejects tax levy and proposes funding based on personal wealth

ABC  

In short: A taskforce has rejected the idea of increasing taxes to fund the aged care sector. The federal government established a taskforce last year to find out how the country could properly fund aged care, following a range of recommendations made by a damning royal commission into the sector. The government currently funds 75 per cent of residential aged …

More retirees trying to avoid going into aged care, exclusive data from Australian Seniors reveals
3 years, 8 months ago

More retirees trying to avoid going into aged care, exclusive data from Australian Seniors reveals

ABC  

For a growing number of Australians, aged care is less desirable than ever before. Exclusive data from Australian Seniors reveals 43 per cent of Australians aged over 50 who were surveyed for the 2021 Mindset Shift Report say the pandemic has changed their view of aged care. "I do know a little about aged care, had a look at a …

Federal Budget to include cash payments worth $500 for aged, family and disability welfare recipients
4 years, 2 months ago

Federal Budget to include cash payments worth $500 for aged, family and disability welfare recipients

ABC  

Aged, carer, family and disability welfare recipients will receive $500 in cash payments in the next five months, in a move the Federal Government hopes will stimulate the Australian economy. Key points: Cash payments will be paid in December this year and March, 2021 Both payments will be $250 The payments are part of the Federal Budget, which was delayed …

Young and low-income most likely to spend $750 coronavirus stimulus payments: ANZ economists
4 years, 3 months ago

Young and low-income most likely to spend $750 coronavirus stimulus payments: ANZ economists

ABC  

Younger Australians and low-income earners were most likely to boost their spending after getting a $750 stimulus payment from the Federal Government this year, ANZ economists say. Key points: The average monthly spending for a 15- to 29-year-old who received at least one $750 cash payment increased by 51 per cent in July The average monthly spending for a 15- …

Another coronavirus Economic Support Payment is on the way — will you have an extra $750 in your account soon?
4 years, 5 months ago

Another coronavirus Economic Support Payment is on the way — will you have an extra $750 in your account soon?

ABC  

Five million Australians will soon notice some extra cash in their bank account as part of the Federal Government's response to the economic crisis caused by COVID-19. The $750 Economic Support Payment aims to help Australians on lower incomes who are struggling financially due to COVID-19. Those on Youth Allowance and JobSeeker were given the first $750 payment earlier this …

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