As a self funded retiree the influence on my own budget was zero (nothing good nothing bad). The only concern I have is the levee that they put on the banks which could impact on shareholders and their returns - that includes retirees who are relying on their investments.
Its the STATE tax's etc that are expensive for anyone down sizing property..
Yes self funded here too..
Cracked up tonight when a guy walking out of Centrelink said drug testing is for salves !!
Pfft so all my working life, [well the last 10 years] we've had drug testing at work..
There's a few slaves out there !!! Supporting them !!
Snip Older people can claim a few small wins in the budget. If you lost your pensioner concession card as a result of the assets test change earlier this year, you'll now have the benefit restored. Older Australians will get a one-off $75 power rebate. And those over the age of 65 who downsize their home can pour up to $300,000 of the proceeds into their super fund. This is only expected to help up to 10,000 people a year. Unsnip
I shall go home now, in case I start talking politicians, speak
Anyone who pays tax will have to pay an extra 0.5% Medicare levy. For someone earning $50,000 that is an extra $250.
My guess is that most self funded retirees earn at least that amount.
Another smoke and mirrors budget.
My opinion is that anyone with an income exceeding $100,000 (including me) should not receive Medicare benefits, it should be purely for low income earners and the unemployed, it also should be restricted to a limit of 10 doctors visitations per annum unless suffering from a serious injury or under specialist direction. Medicare would then not need a levy at all.
My opinion is that anyone with an income exceeding $100,000 (including me) should not receive Medicare benefits, it should be purely for low income earners and the unemployed, it also should be restricted to a limit of 10 doctors visitations per annum unless suffering from a serious injury or under specialist direction. Medicare would then not need a levy at all.
Perhaps the USA model (whatever it might turn out to be) might be more satisfactory then.
I'm all for universal basic health care funded by a levy. Just as Bill Hayden envisaged. As you would expect in a first world country.
Edit .. Thought that I would include this link to my daily news feed
Been in US for some time .. Trust me don't need their type of health care.. I paid over $300 for some ventilin ! Very lucky I didn't have to pay for Drs ..I often get athsma for trouble breathing when traveling on long flights ..
No impact at all really. We've owned our home adjacent to Port Phillip Bay since the 70's, it's now worth way over a million dollars, the government want us to downsize & developers want to buy our property & knock it down to make way for trendy two storey townhouses . FAT CHANCE!
We are enjoying traveling for 6 months per year in total with our 16ft caravan & old fashioned 4x4 ute. Great arriving home in between trips though. Couldn't stand living on the road with no home base.
Bugger the budget!
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Cheers Keith & Judy
Don't take life too seriously, it never ends well.
Trip Reports posted on feathersandphotos.com.au Go to Forums then Trip Reports.
it will cost me money ass it will most wage earners with a super account. I really cant understand how the treasurer who is obviously an intelligent man. can talk about putting a levy on banks as if they were they were owned buy the ogre on the hill. when he knows full well they are largely owned by super funds and private investors.
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In life it is important to know when to stop arguing with people
and simply let them be wrong.
I shall go home now, in case I start talking politicians, speak 
