Finance expert David Koch has expressed his opinion that the government’s proposed $150 energy rebate is unnecessary for people like him. This rebate, aimed at providing cost-of-living relief, is scheduled to be detailed in tonight’s Federal Budget. Koch, who serves as the Economic Director at Compare the Market, has suggested that the rebate should be … Read more
In April 2025, Centrelink will implement several important reforms to pension payments and other benefits aimed at transforming retirement for millions of Australians. These reforms include increases to pension payments, changes to asset thresholds, revised deeming rates, and new supplementary benefits designed to improve the quality of life for retirees. This article explores these reforms … Read more
In 2025, the Australian government has implemented significant adjustments to Centrelink payments to assist citizens in managing the escalating cost of living. While the specific Cost of Living Payment was discontinued on June 30, 2023, other welfare payments have been increased through the indexation process, ensuring that pensions, allowances, and family benefits align with current … Read more
Centrelink Payment recipients are being advised of significant changes to their payment schedules due to closures over Easter and Anzac Day in 2025. These public holidays could lead to delays or early payments, and affected recipients need to be aware of the adjustments to avoid disruption. Here’s everything you need to know about the upcoming … Read more
Centrelink recipients are being advised of potential changes to their payment schedule due to the proximity of Easter and Anzac Day holidays. These public holidays, falling relatively close together this year, may impact when payments are made. Service closures during this period will affect the timing of both payments and reporting deadlines. Centrelink Service Closures … Read more
When facing financial hardship due to unforeseen circumstances, having access to support can make a significant difference. Centrelink’s $1,000 Hardship Boost offers much-needed assistance to Australians enduring severe financial distress caused by critical events. However, eligibility is limited to specific groups, and not everyone will qualify. In this article, we’ll explore the eligibility criteria, how … Read more
In an effort to alleviate the rising cost of living in Australia, the government has introduced a new energy rebate program as part of the 2025 Federal Budget. This initiative promises to provide significant financial relief to Australian households and small businesses, offering a $150 rebate per quarter to help with their energy bills. The … Read more
Australia is set to implement significant reforms to its Paid Parental Leave (PPL) scheme starting July 2025, aiming to promote gender equality and enhance financial security for families. These changes address longstanding disparities in retirement savings and provide greater flexibility for parents. Introduction of Superannuation Contributions From July 1, 2025, parents on government-paid parental leave … Read more
Effective March 20, 2025, Centrelink has implemented significant changes to the Age Pension eligibility criteria, enabling thousands more Australian seniors to qualify for benefits. These reforms involve increases in both income and asset test thresholds, as well as adjustments to pension payment rates, reflecting the government’s commitment to supporting the aging population amidst rising living … Read more
Starting March 20, 2025, over five million Australians will see increases in their Centrelink and government payments. This routine indexation aims to help recipients cope with rising living costs by adjusting pensions, JobSeeker, Parenting Payments, and Commonwealth Rent Assistance. These changes ensure that government support keeps pace with inflation, providing financial relief to those who … Read more